BlackRock didn't just come to the SEC—they demanded that staking must be part of the Ethereum ETF.

Otherwise, they say, potential is lost, and investors miss out on returns.

They argue with the idea that ETH should be seen not only as an asset but also as infrastructure.

Meanwhile, their BUIDL fund of $2.9 billion is already operating entirely through blockchain.

The interest in Ethereum from major players is obvious—now we just have to wait for the SEC's response.