BlackRock has introduced the iShares Staked Ethereum Trust ETF (ETHB) on Nasdaq, expanding its digital asset offerings by providing investors with exposure to spot ether and the potential to generate income through staking a portion of its ether holdings.
The introduction of ETHB expands BlackRock’s existing digital asset portfolio, which includes the iShares Bitcoin Trust ETF (IBIT) and the iShares Ethereum Trust ETF (ETHA). As of March 6, 2026, IBIT manages over $55 billion in assets, and ETHA manages over $6.5 billion, making them the largest ETPs of their kind.
Jessica Tan, Head of Americas for Global Product Solutions at BlackRock, stated, “Investors are increasingly allocating to digital assets as part of their strategic portfolio construction, and ETHB provides access to income and exposure to the asset in a convenient, transparent way. We continue to innovate to meet client demand and expand access, while providing the transparency and risk management clients expect from BlackRock.”
Ether, the native token of the Ethereum network, offers exposure to the expanding economic activity within the Ethereum ecosystem. The staking of the Trust’s Ether holdings aims to provide an additional source of potential return. iShares now offers investors a choice between direct ether exposure through ETHA and a staked option with ETHB designed for income generation.
Robert Mitchnick, Global Head of Digital Assets at BlackRock, commented, “As the world’s second-largest digital asset, Ethereum plays a central role in the long-term growth of blockchain adoption and the expansion of decentralized applications, including tokenization and stablecoin use cases. By bringing together spot ether exposure and staking rewards in an ETP, ETHB provides investors with an important new avenue to participate in the ecosystem’s evolution.” Coinbase data from March 6, 2026, indicates Ethereum as the second-largest cryptocurrency by market capitalization after Bitcoin.
The ETHB ETP features a sponsor fee of 0.25%. For the first 12 months, commencing March 12, 2026, a waiver will reduce the fee to 0.12% on the first $2.5 billion in assets under management. After this period, the sponsor fee will be 0.25%.
BlackRock manages approximately $130 billion in assets across cryptoasset ETPs, tokenized liquidity funds, and stablecoin reserve management. iShares reportedly captured approximately 95% of industry flows into digital asset ETPs in 2025.
