For iShares Staked Ethereum Trust ETF, BlackRock Portfolio Management LLC reported beneficial ownership of 3,085,000 common shares, equal to 9.0% of the class as of September 30, 2026. The LLC reported sole dispositive power over all 3,085,000 shares and no sole or shared voting power. BlackRock iShares Seed was identified as a person with an interest in more than 5% of the trust’s total outstanding common stock.
iShares Staked Ethereum Trust ETF seeks to mirror the price of ether plus staking rewards, before expenses. At June 30, 2026, net assets were $459,401,748, backed by 288,417 ether and cash, with 22,400,000 Shares outstanding and NAV of $20.51 per Share.
For the quarter, ether’s price fell 24.21%, driving a 24.12% drop in Financial Statement NAV from $27.03 to $20.51 and a total return of (24.07)%. Net decrease in net assets from operations was $164.7 million, largely from realized and unrealized ether losses, partially offset by $1.19 million in staking income and a waived portion of the Sponsor’s 0.25% fee. Controls and procedures were deemed effective, and risk disclosures emphasize extreme ether volatility, frequent protocol upgrades and forks, and evolving U.S. and global digital asset regulation, including the possibility ether could be treated as a security.
iShares Staked Ethereum Trust ETF adds specific distribution restrictions for the Abu Dhabi Global Market (ADGM). The prospectus may only be distributed to persons who meet the ADGM “Professional Client” criteria and is not directed to anyone classified as a “Retail Client.”
The Trust is not regulated or approved by the Financial Services Regulatory Authority (FSRA), which has not reviewed or verified the prospectus and assumes no responsibility for it. Shares may be illiquid or subject to resale restrictions for Professional Clients in the ADGM, and prospective investors are told to conduct their own due diligence and consult a personal financial advisor if they do not understand the prospectus.
BlackRock Portfolio Management LLC reports beneficial ownership of common stock of iShares Staked Ethereum Trust ETF. As of 06/30/2026, it beneficially owned 4,000,000 shares, representing 17.9% of the class. It holds sole dispositive power over these 4,000,000 shares and no voting power. The filing notes that this reflects securities beneficially owned or deemed beneficially owned by certain business units of BlackRock, Inc. and affiliates, excluding other disaggregated business units. The interest of BlackRock iShares Seed in this common stock is stated to exceed five percent of the total outstanding shares.