#BlackRock⁩

🚨 BlackRock’s Ethereum ETF Staking Proposal Gains Traction! 🚀

The SEC has officially acknowledged Nasdaq’s filing to enable staking for BlackRock’s Ethereum ETF. This kicks off a 21-day public comment period, with a potential approval by year-end. 🗳️

If greenlit, the ETF could stake its $ETH holdings, distributing rewards to shareholders. Bloomberg’s James Seyffart predicts approval by 2025, though it could extend to April 2026. 📅

Ethereum staking interest is soaring, with treasury firms going all-in. BlackRock’s ETF is nearing 3M ETH, while $ETH trades at $3,771 with a $461B market cap. 📈