The iShares Staked Ethereum Trust ETF (ETHB) opened with more than $100 million in assets and traded over $15.5 million on its first day. BlackRock’s new ether ETF is designed to generate yield by staking most of its holdings, signaling a shift toward crypto funds that offer both price exposure and rewards. The debut was described as very solid for a day one ETF launch. The fund marks a shift in how crypto ETFs are structured.
Instead of simply tracking ether’s price, ETHB stakes between 70% and 95% of its holdings, allowing the fund to earn rewards from Ethereum’s proof of stake network. Roughly 82% of those rewards are distributed to investors each month, while the rest goes to the sponsor and service providers. The ETF charges a 0.25% annual sponsor fee, though the rate is temporarily reduced to 0.12% on the first $2.5 billion in assets.
The launch also comes as ETF demand more broadly is stabilizing. On Thursday, U.S. bitcoin ETFs logged $53.8 million in inflows, while ether ETFs added $72.4 million. The debut of staking based ETFs could signal a new phase where crypto funds offer both price exposure and yield.















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