BlackRock’s Ethereum ETF Nears Staking Approval—SEC Greenlights Game-Changing Move
Wall Street’s crypto pivot hits hyperdrive as BlackRock’s Ethereum ETF clears critical SEC hurdle—with staking rewards now in play.
### The Staking Edge
Forget ‘yield’ in TradFi—this ETF could let institutional money earn passive crypto returns while regulators scramble to keep up.
### Why It Burns Banks
Traditional finance dinosaurs now face an existential threat: a regulated product that bypasses their 0.01% savings accounts for blockchain’s 5%+ staking yields. Cue the lobbying frenzy.
### The Fine Print
SEC approval remains the final gate, but the filing’s progress suggests even bureaucrats recognize Ethereum’s $40B+ staking economy won’t be ignored.
### Bottom Line
BlackRock just called checkmate on crypto skeptics—while offering bankers a masterclass in how to lose relevance faster than a Lehman Brothers HR rep in 2008.
