#BTCReclaims70k $14T BLACKROCK IS BRINGING ETH STAKING TO WALL STREET
The world’s largest asset manager is launching a staked #Ethereum ETF (ETHB) on Nasdaq.
Unlike traditional crypto ETFs that simply hold the asset, this fund plans to stake a portion of its ETH, generating on-chain rewards while tracking Ethereum’s price.
That means investors could soon get $ETH exposure plus staking yield directly through a brokerage account.
Staking has mostly been a crypto-native activity until now. With BlackRock packaging it into an ETF, on-chain yield is starting to move into traditional markets.
The line between Wall Street and crypto rails keeps getting thinner. 🤯$BTC
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