A major institutional player just made a bold move. The firm submitted formal paperwork for a staked Ethereum ETF—their first serious push for regulatory greenlight on this front. Here's the kicker: they're already managing an Ethereum fund worth $11 billion, but this new vehicle? Totally different beast. It's designed specifically to capture staking rewards, giving investors a separate avenue for yield generation beyond just holding ETH. The filing signals growing confidence that regulators might warm up to proof-of-stake exposure in traditional finance wrappers. If approved, this could reshape how institutional money flows into Ethereum's staking ecosystem.