BlackRock Ether Staking Fund Reaches $254 Million in Assets One Week After Launch

ETH0,24%

Gate News: On March 20, BlackRock’s iShares Staked Ethereum Trust (ETHB) has reached a total asset management size of $254 million one week after its launch on March 12, with a total inflow of $146 million and initial seed funding exceeding $100 million. The fund stakes 70-95% of its Ethereum holdings, distributing 82% of the staking rewards to investors each month, with the remaining 18% allocated to the trust, custodians, and staking service providers. ETHB’s management fee is 0.25%, reduced to 0.12% for the first $2.5 billion in assets. Its validators include Figment, Galaxy Blockchain Infrastructure, and Attestant.

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