iShares Staked Ethereum Trust amends staking agreement with Coinbase

iShares Staked Ethereum Trust ETF

Amended and restated ETH staking addendum entered April 13, 2026 with Coinbase.
Trust may instruct Coinbase to stake ETH via approved validators; staking fee based on % of rewards.
Client retains ownership of staked assets and rewards; Coinbase not liable for slashing from validator misconduct.
Coinbase must perform due diligence on validators and pursue claims for material breaches.
No guarantee of rewards; unstaking subject to network restrictions like unbonding periods.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

iShares Staked Ethereum Trust ETF amended amended and restated addendum to the Coinbase Custody Custodial Services Agreement with Coinbase, Inc. (effective 2026-04-13).

Action: amendment
Counterparty: Coinbase, Inc.
Effective: 2026-04-13

Exact text from the filing

On April 13, 2026, iShares® Staked Ethereum Trust ETF (the “Trust”) entered into an amended and restated addendum to the Coinbase Custody Custodial Services Agreement attached as Exhibit A to that certain Third Amended and Restated Coinbase Prime Broker Agreement dated May 21, 2024 between the Trust and Coinbase, Inc. as agent for itself and the Coinbase Entities.

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iShares Staked Ethereum Trust ETF filing history →

Source: SEC EDGAR

accession 0001437749-26-012415

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