BlackRock’s staked Ethereum ETF records over $15.5 million volume on first day
The Block
BlackRock's iShares Staked Ethereum Trust ETF (ETHB) achieved over $15.5 million in first-day trading volume.Summary
BlackRock's iShares Staked Ethereum Trust ETF (ETHB), which incorporates staking, recorded over $15.5 million in trading volume on its debut day, described as "very solid" for a launch. The fund initially launched with over $100 million in assets. ETHB stakes between 70% and 95% of its ether holdings, distributing approximately 82% of resulting staking rewards monthly to holders. The ETF carries a standard sponsor fee of 0.25% annually, temporarily reduced to 0.12% for the first year on the initial $2.5 billion in assets. Separately, U.S. spot bitcoin and ether ETFs continued to see net inflows on Thursday, with ether ETFs posting $72.4 million in inflows.
(Source：The Block)