BlackRock Preps Staked Ethereum ETF Launch—But Vitalik Buterin Warns Against ‘Wall Street Capture’

Ethereum (CRYPTO: ETH) has climbed back above $3,000, but a new product in the pipeline from BlackRock is raising fresh concerns over Ethereum’s long-term direction.

What Happened: Bloomberg’s Eric Balchunas on Wednesday pointed out that BlackRock has registered a new staked Ethereum ETF in Delaware, signaling plans to expand beyond its blockbuster iShares Ethereum Trust (NASDAQ:ETHA), a fund that has already attracted $13.1 billion since launching in July 2024.

Unlike ETHA, the new ETF would integrate staking, offering investors both …

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