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BlackRock’s $55B Bitcoin ETF Success Continues With Staked Ethereum Launch
BlackRock (NYSE:BLK) on Thursday launched the iShares Staked Ethereum Trust ETF (NASDAQ:ETHB) on Nasdaq, combining spot Ethereum (CRYPTO: ETH) exposure with staking rewards as institutional demand for crypto yield accelerates.
The Staking Feature Gap
ETHB marks BlackRock’s third crypto ETF and the first to incorporate staking, Coindesk reported on Thursday.
The fund holds spot Ethereum and stakes a portion of holdings on the Ethereum network, allowing investors to earn rewards while benefiting from price movements.
The launch addresses a gap that discouraged crypto-native investors from moving into ETFs.
Jay Jacobs, BlackRock’s U.S. head of equity ETFs, explained that investors who already held ether directly and were staking it weren’t ready to move into exchange-traded products because they …
Brace Yourselves, Bitcoin And Ethereum Holders—Here’s How Low Crypto May Still Go
Prominent crypto analyst Trader Mayne predicts Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) may face another leg lower before long-term buying opportunities emerge.
Bitcoin Could See Another 20% Drop
Speaking on his podcast, Maybe said Bitcoin remains in a broken higher-timeframe structure, suggesting further downside may occur before a meaningful bottom form.
He pointed to a similar breakdown during the previous cycle, when Bitcoin lost its monthly structure and continued falling for months, eventually dropping more than 20%.
Based on historical drawdowns and a key yearly order block, Mayne believes Bitcoin could decline toward the $48,000 zone, which would represent roughly a 60% correction from its all-time high.
While many …
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Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs

The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.
CFTC chair opens prediction markets rulemaking to public comment

“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms.
Bitcoin catching up to gold hints at an ‘opportunity within risk’

Bitcoin showed early signs of overtaking gold in the market as new data outlined an opportunity based on historical returns around the US midterm elections.

