#美股2026展望 Recently, BlackRock, the world's largest asset management firm, completed a registration filing for the iShares stake Ether trust in Delaware. The signal released by this action is quite clear—Wall Street giants are preparing to enter the stake-type ETF market.



However, it should be noted that this registration follows the process of the Securities Act of 1933, and is currently just a preliminary step, not equivalent to formally submitting a listing application to the SEC. In other words, BlackRock is testing the waters and will take further action once the regulatory stance becomes clearer.

Interestingly, VanEck has previously engaged in similar operations. Now these issuers are watching and waiting for how the regulatory framework for staking mechanisms in the U.S. will be defined. After all, staking returns involve the determination of securities attributes, and this matter is quite complex from a compliance perspective. $ETH
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ZenZKPlayer
· 2025-11-23 01:34
BlackRock is just playing Tai Chi here. Registration ≠ application, we still have to wait for the SEC’s approval. Steady as always.
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DAOplomacy
· 2025-11-22 20:52
honestly the whole "testing the waters" framing is kinda cute... like blackrock doesn't already know exactly what sec wants lol. this is just bureaucratic theater at this point, path dependency and all that. the real question nobody's asking—what happens to staking yield once these instruments go legit? suddenly it's securities territory and the whole game theory shifts, nah?
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ZkProofPudding
· 2025-11-20 12:12
BlackRock is still dragging its feet, these old foxes on Wall Street will really wait until the day lilies are doomed.

Something's off, how is the staking yield defined? The regulatory authorities haven't clarified this yet? After all this time, it might just be an empty document.

Wait, this is just signing up and not a direct application? How long do we have to wait for it to truly go live?

If the staking ETF really comes, do retail investors still have a chance...

VanEck following suit shows that this matter indeed has potential, but the regulatory hurdles are really a bottleneck.
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mev_me_maybe
· 2025-11-20 12:05
BlackRock is probing again, but this time it doesn't dare to go directly; it has to wait for the SEC to make a statement. The securities nature of staking rewards is too sensitive, and Wall Street has to be cautious.
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just_vibin_onchain
· 2025-11-20 12:02
BlackRock's recent probe is quite interesting, but let's not get too excited; we still need to see what the SEC's stance is.
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