BlackRock Doubles Down on Crypto: Staking Coming to Its Ethereum ETF
Wall Street's trillion-dollar gorilla just flexed its crypto muscles again.
BlackRock's latest SEC filing reveals plans to add staking rewards to its spot Ethereum ETF—a move that could funnel institutional yields into DeFi's backyard.
The playbook? Turn passive holdings into profit engines while traditional finance still struggles with 5% CDs.
This isn't your crypto startup's staking operation. We're talking about the same firm that turned Bitcoin ETFs into a $30 billion cash cannon in six months.
Will regulators greenlight this hybrid of TradFi infrastructure and crypto-native yields? The market's already voting with its wallet—ETH prices jumped 8% on the rumor.
One thing's clear: When BlackRock starts chasing yield, even your grandma's savings account might end up staking Ethereum. (Just don't tell her it's technically gambling.)