BlackRock moves to add staking to Ethereum ETF amid a surge in influx

• BlackRock aims to enable ETHA fund staking, increasing the return and efficiency of investors.
• ETH ETFs see $726 million in daily inflows, with BlackRock’s ETHA leading by nearly $500 million amid growing demand.
• The SEC’s openness to staking in ETFS will increase following the increase in approval and industry submissions of the first Solana Staking Fund.

BlackRock submitted to incorporate staking into Ishares Ethereum Trust (Ticker: Etha), the largest Ethereum Exchange-Traded Fund (ETF) by managed assets.

The move, filed Thursday with the Securities and Exchange Commission (SEC), comes amid a net inflow into ETH ETFs amid a record-breaking net inflow following growing institutional interest in Ethereum staking products.

This submission was filed by NASDAQ under SEC Rule 19B-4.

BlackRock is the latest asset manager in pursuing the staking capabilities of the Ethereum Fund and is already involved in the competitive sector, including similar proposals in Grayscale, 21 shares and other pipelines.

The BlackRock submission outlines that trust can wager “all or part” of its ETH retention through one or more trusted staking providers.

This proposal specifies that the ether held by the trust will not be pooled with other entities, nor will it assume any risk from other entities or network forks on behalf of other entities.

Coinbase, currently serving as ETHA’s custodian and prime execution agent, is expected to function as a staking partner for the fund.

Record ETH inflow signal demand

This filing comes at a moment when interest in Ethereum investment products spikes.

On Wednesday, ETH ETFS recorded its highest daily net inflow since its launch, totaling $726.74 million, with BlackRock’s ETHA accounting for that amount of $499 million.

In July so far, ETH ETFs have collected net inflows of over $2.27 billion, marking the most powerful monthly inflow ever, according to data from Sosovalue.

ETHA was approved in July 2024 by the SEC as part of Greenlit’s Spot Ethereum ETFS Greenlit group shortly after it approved its first Spot Bitcoin ETF at the beginning of the year.

Etha currently holds more than $7.9 billion in assets, highlighting BlackRock’s leadership position in Ethereum-based exchange products.

Robert Mitchnick, head of BlackRock’s digital assets, has previously shown that it will be the “next stage” of Crypto ETF.

Thursday’s submission appears to make its vision concrete at a time when regulatory momentum aligns with investor interest.

Staking ETFs enter the regulatory spotlight

The BlackRock move comes shortly after the SEC approved the US-based Staking ETF, the Rex-Soprey Solana Staking ETF earlier this month.

The product was approved under the stricter Stock Exchange Act of 1940.

In contrast, BlackRock’s etastaking proposal falls under the Stock Exchange Act of 1934.

However, SEC officials have shown increased openness to staking ETFs.

Bloomberg ETF analyst James Sefert said on X (formerly Twitter) that “no staking has been done,” predicting that approval for the Ethereum Staking ETF could arrive in the fourth quarter of 2025.

BlackRock’s latest submission may not be finalized until around April 2026, but a broader outlook for staking products appears to be preferred.

As Ethereum prices approach $3,399, it falls below the all-time high of 2021 $4,878 – the outlook for a regulated staking product for yields could further fuel the adoption of the scheme.

Additionally, as competitors are focusing on staking ETFs of assets such as Cronos, Tron and Injective, BlackRock’s movement shows that an increasingly diverse crypto ETF landscape will be shaped.

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