The U.S. Securities and Exchange Commission (SEC) has officially acknowledged BlackRock's filing to permit staking for its spot Ethereum exchange-traded fund (ETF). This development marks a notable regulatory step for BlackRock's Ethereum ETF, allowing investors to potentially earn staking rewards. Following this, BlackRock's Ethereum ETF demonstrated resilience amid a broader market correction, recording zero outflows while other U.S. Ethereum ETFs experienced significant withdrawals totaling approximately 41,200 ETH, equivalent to $143.4 million. The stability of BlackRock's ETF amid market volatility underscores strong institutional confidence in Ethereum. Additionally, some wealthy investors are reportedly leveraging ETF structures to legally sidestep capital gains taxes, further highlighting the strategic appeal of such investment vehicles.