BlackRock Forms New Trust Amid Early Uptake of Staking-Focused Ethereum ETFs

BlackRock, the world’s largest asset manager, registered a new Delaware statutory trust, the iShares Staked Ethereum Trust ETF, on Wednesday. Delaware Division of Corporations records show that the trust was formed on November 19. The listing does not include product documentation, but the public entity record can be viewed directly through the state’s search portal. Forming a Delaware statutory trust is a common early step for ETF issuers, particularly for commodity and crypto products. The next stage typ ...