Ethereum News: BlackRock Amends Staked Ethereum Trust Filing, ETH Retests Major Support
The post Ethereum News: BlackRock Amends Staked Ethereum Trust Filing, ETH Retests Major Support appeared on BitcoinEthereumNews.com.
Key Insights: Ethereum news coverage now centers on BlackRock’s staked Ethereum ETF amendment, which could unlock new institutional demand. ETH price hovers near critical support as bearish pressure and ETF outflows mount. DeFi resilience and rising staking activity hint at potential upside despite weak sentiment. Latest Ethereum news shows the ETH price has plunged back to levels not seen since the last bear market. The drop happened as BlackRock announced an amendment that could flip the script for Ethereum. The trillion-dollar asset management fund submitted an amended S-1 filing for its iShares Staked Ethereum Trust ETF (ticker: ETHB), on February 24, aiming for a NASDAQ listing. Ethereum News Focuses on ETH ETF Update | Source: X The trust plans to hold ETH and stake approximately 70%-95% of its assets through third-party validators like Coinbase to earn staking rewards. Additionally, it will use a 40,000-share basket creation/redemption mechanism, supporting cash or in-kind ETH redemptions, with only authorized participants able to transact directly with the trust. The base fee for this Ethereum ETF will remain at 0.25% annually, and then drop to a reduced rate of 0.12% for the first $2.5 billion in assets during the initial 12 months after listing. This move signals BlackRock’s push to mainstream staked ETH, potentially drawing in non-crypto investors tired of direct staking hassles. Ethereum Price Hits Historical Lows Despite Positive Ethereum News The ETH price has retested a major level near $1600, a zone that has held as a floor multiple times in past cycles. The asset price dipped from recent highs around $3200, forming lower highs and lows over the last month. Trading volume also spiked 9.93% in the last 24 hours, hinting at potential buyer exhaustion. As of the time of writing, Ethereum price was down 4.62% and trading at $1,827. If ETH…
Filed under: News - @ February 25, 2026 10:21 pm