Gate News reports that on March 15, according to DeFi researcher Ingas, the BlackRock staked Ethereum ETF (ETHB) attracted approximately $46 million in inflows within two days of listing. The fund holds spot ETH and uses 70%-95% of the ETH for staking through a certain CEX. Investors can earn about 82% of staking rewards monthly (paid in cash), with the remaining 18% of the earnings going to BlackRock and the staking service provider. The fund does not compound returns, a design that may attract large investors relying on income. Ingas pointed out that BlackRock chose to launch a dedicated staking ETF rather than adding staking features to the existing Ethereum ETF (ETHA), mainly because staking increases the risk of punitive devaluation, which some investors want to avoid.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
