iShares Ethereum Trust ETF 8-K

What Happened

• The sponsor of iShares® Ethereum Trust ETF (the Trust), iShares Delaware Trust Sponsor LLC, appointed Jay Jacobs as a Director and as President and Chief Executive Officer of the Sponsor, effective March 27, 2026. Mr. Jacobs was appointed by BlackRock Asset Management International Inc., the Sponsor’s member.
• Also effective March 27, 2026, Shannon Ghia resigned as a Director of the Sponsor and as President and Chief Executive Officer of the Sponsor. The filing states Ms. Ghia’s resignation was not due to any dispute or disagreement with the Sponsor or the Trust regarding the Trust’s operations, policies, or practices.

Key Details

• Appointment date: March 27, 2026 (Jay Jacobs named Director and Sponsor President/CEO).
• Resignation date: March 27, 2026 (Shannon Ghia resigned as Director and Sponsor President/CEO).
• Background on Jay Jacobs: Managing Director at BlackRock; has served as U.S. Head of Equity ETFs at BlackRock since April 7, 2025; joined BlackRock April 18, 2022; previously led research and strategy at Global X ETFs (May 2013–Mar 2022); BA from Emory, MBA from Columbia, CFA charterholder.
• Sponsor member: BlackRock Asset Management International Inc. appointed Mr. Jacobs.

Why It Matters

• This is a sponsor-level leadership change for the Trust: management of the Sponsor (iShares Delaware Trust Sponsor LLC) moved from Shannon Ghia to Jay Jacobs. The filing does not report any disagreement or operational issues tied to the change.
• For investors, this is primarily an administrative change at the sponsor level rather than a direct change to the ETF’s portfolio or strategy; however, leadership can affect product oversight and strategic direction over time. No financial results, changes to Trust operations, or disputes were reported in the 8-K.