ChainThink News, March 12: According to CoinDesk, BlackRock's staked Ethereum ETF will begin trading on Nasdaq today. The fund will hold spot Ethereum and allocate a portion of its assets to network staking, enabling investors to gain ETH price exposure while also earning staking rewards. ETHB is BlackRock’s third cryptocurrency ETF and the first to incorporate staking mechanics.

Previously, the firm launched IBIT and ETHA, with IBIT managing assets exceeding $55 billion and ETHA managing approximately $6.5 billion. BlackRock stated that introducing staking functionality aims to meet investor demand for yield generation alongside ETH price exposure, while preserving the traditional financial advantages of ETFs in custody, trading, and asset allocation.