Ethereum Eyes $2,100 Retest As BlackRock Debuts Staked ETH ETF

BlackRock, the world’s largest asset manager, has expanded its digital assets offering and debuted its staked Ethereum (ETH) Exchange-Traded Fund (ETF) on Nasdaq. Amid the news, the King of Altcoins is attempting to break out of its local range to challenge its bearish outlook. Related Reading: BNB Chain Dominates 40% Of Global Stablecoin Transactions With Small-Value Transfers BlackRock Debuts Staked Ethereum ETF On Thursday, BlackRock introduced the iShares Staked Ethereum Trust ETF (ETHB) on Nasdaq to “provide investors with exposure to spot ether while potentially generating income by staking a portion of its ether holdings.” The ETH-based fund expands the asset management giant’s digital asset suite, which includes the largest Exchange-Traded Products (ETPs) of ...