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SINGAPORE, May 21, 2026 (GLOBE NEWSWIRE) -- WEEX today released a new Ether market report examining how Ethereum’s native asset, ETH, is being tested in a crypto market reshaped by spot ETF access, Layer 2 adoption and a series of major network upgrades.
SINGAPORE, May 21, 2026 (GLOBE NEWSWIRE) -- WEEX today released a new Ether market report examining how Ethereums native asset, ETH, is being tested in a crypto market reshaped by spot ETF access, La… [+6803 chars]
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It is a rewards-generating crypto exchange-traded product launched by BlackRock in March 2026 that holds spot Ether and stakes a portion of those holdings.
The fund stakes between 70% and 95% of its Ether holdings, and the resulting rewards are distributed to investors as monthly cash payouts.
Galaxy Digital is one of three validators selected by BlackRock to power the staking for the iShares Staked Ethereum Trust ETF.