Wall Street is giving crypto ETF investors another reason to stay: a yield on their holdings.
On Thursday, asset management giant BlackRock launched the Staked Ethereum Trust ETF (ETHB), designed to give investors exposure to ethereum while potentially generating income by staking part of the fund’s holdings.
Staking involves locking up the tokens to help validate and secure the Ethereum network, earning rewards in return.
“It’s somewhat akin to thinking about receiving a dividend from owning an equity,” said Jay Jacobs, US head of Equity ETFs at BlackRock.
The potential for passive income differentiates the product from earlier crypto exchange-traded funds, such as the Bitcoin Trust ETF (IBIT) and the iShares…






