Another fund from BlackRock makes stunning $15M debut

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BlackRock, the world’s largest asset manager, debuted its iShares Staked Ethereum Trust (ETHB) on Nasdaq with over $100 million in assets, accumulating $15.5 million in trading volume on its first day. This new fund allows investors to gain exposure to staked Ethereum, with 70-95% of its ETH holdings being staked to generate monthly rewards for investors. ETHB, which has Coinbase as its custodian and staking provider, offers a sponsor fee of 0.25%, discounted to 0.12% for the first year or first $2.5 billion in assets.

ETH0,68%
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