BlackRock’s staked‑ETH ETF debuts
BlackRock launched a staked‑Ethereum ETF (ETHB) on Nasdaq that opened with about $100M in assets and traded ~$15M on day one — and it offers roughly a 2% net yield via staking exposure. The product is another move toward yield‑bearing, institution‑friendly crypto exposure amid volatile spot markets CoinDesk Coinfomania.
The fund’s prospectus says the Trust will seek to stake roughly 70%–95% of its ether under “normal market circumstances” while keeping a dynamic liquidity sleeve of about 5%–30% in unstaked ETH to meet redemptions; Coinbase Custody Trust Company is named as the Ether Custodian, Coinbase, Inc. as Prime Execution Agent, Anchorage Digital Bank as alternative custodian and BNY Mellon as cash custodian. sec.gov An amended S‑1 discloses an aggregate “staking fee” equal to about 18% of gross staking consideration that is split between the sponsor and the prime execution agent, with the remaining ~82% of staking consideration flowing back to the Trust for distribution to investors; BlackRock’s materials say staking rewards will be paid to holders on a monthly schedule. cryptotimes.io BlackRock will charge a sponsor fee of 0.25% of net assets but is waiving part of that fee for the first 12 months so the fee is 0.12% on the first $2.5 billion of the Trust’s assets (waiver commences March 12, 2026), and the ETF leverages a multi‑year technology integration with Coinbase Prime for custody and execution. blackrock.com Regulatory filings show the vehicle was seeded in December with a designated seed investor (4,000 shares at $25 each), the S‑1 was amended in mid‑February 2026 and the iShares Staked Ethereum Trust (ETHB) began trading on Nasdaq in March 2026 as part of BlackRock’s broader crypto ETF lineup. info.arkm.com
