{"id":23712,"date":"2026-03-12T14:19:17","date_gmt":"2026-03-12T14:19:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-slowly-forms-a-risky-pattern-as-blackrock-launches-eth-staking-etf\/"},"modified":"2026-03-12T14:19:21","modified_gmt":"2026-03-12T14:19:21","slug":"ethereum-price-slowly-forms-a-risky-pattern-as-blackrock-launches-eth-staking-etf","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-slowly-forms-a-risky-pattern-as-blackrock-launches-eth-staking-etf\/","title":{"rendered":"Ethereum price slowly forms a risky pattern as BlackRock launches ETH staking ETF"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum\u2019s price has risen for four consecutive days and is now hovering around the crucial support level of $2,000, as BlackRock launches its first staking ETF today, March 12.<\/p>\n<div id=\"cn-block-summary-block_19c73227bc5faeead06a36c475716f89\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>BlackRock will launch ETHB today, its first staking Ethereum ETF.<\/li>\n<li>ETHB will have an expense ratio of 0.25%, making it a better option than ETHA.<\/li>\n<li>Ethereum has formed a bearish flag pattern, pointing to a retreat.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ethereum (ETH), the second-biggest cryptocurrency, trades at $2,056, inside a range it has remained in in the past 30 days. This price is nearly 60% below its all-time high.<\/p>\n<p>A major catalyst for ETH price is that BlackRock, the world\u2019s biggest asset manager, will launch its staking ETF today. This is a big milestone that will address a key challenge that has existed in the existing funds.<\/p>\n<p>Existing Ethereum ETFs, which have over $11.85 billion in assets, don\u2019t offer staking rewards, making them less ideal to most investors. In BlackRock\u2019s case, holders of the ETHA ETF pay an annual fee of 0.25% and forego a monthly return. Data shows that Ethereum has a staking return of about 3%.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The new ETF will have a ticker of ETHB and an annual fee of 0.25%. It will initially have a fee waiver of 0.12% for the first year or when it hits $2.5 billion in assets.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">NEW: BlackRock is launching their Ethereum Staking ETF today \u2014 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETHB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ETHB<\/a>. It will have the same fee as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETHA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$ETHA<\/a> at 0.25% bps but has a fee waiver down to 0.12% for the first year or first $2.5 billion in assets. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/aR3FVRChPz\">pic.twitter.com\/aR3FVRChPz<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/JSeyff\/status\/2032070513330188429?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 12, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Therefore, a likely scenario is where there is a rotation from ETHA and other Ethereum ETFs to ETHB. It may also lead to more inflows from investors who have not invested in these funds yet.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Ethereum price prediction<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">ETH price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the ETH price crashed from the all-time high of $4,950 to the current $2,065. It has constantly remained below the 50-day and 200-day moving averages since November last year when it formed a death cross pattern.\u00a0<\/p>\n<p>Ethereum price has formed a horizontal channel whose support and resistance levels are at $1,843 and $2,193. It has remained inside this channel since February 6 this year.\u00a0<\/p>\n<p>This channel formed after the coin declined sharply, meaning that this is part of a bearish flag pattern. In most cases, this pattern often leads to a strong bearish breakout.\u00a0<\/p>\n<p>Therefore, the coin will likely have a strong bearish breakout in the near term. If this happens, the initial target will be the lower side of the channel at $1,843. A drop below that price will lead to further downside, potentially to $1,500.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s price has risen for four consecutive days and is now hovering around the crucial support level of $2,000, as BlackRock launches its first staking ETF today, March 12. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23712"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23712\/revisions"}],"predecessor-version":[{"id":23713,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23712\/revisions\/23713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11617"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}