BlackRock Ethereum Staking ETF Launches! First Day Trading Volume Exceeds $15.5 Million, Investors Can Earn Staking Rewards

BlackRock Launches Staked Ethereum ETF ETHB, First Day Trading Volume Exceeds $15.5 Million, Over $100 Million in Assets, Monthly Staking Rewards Distributed, Opening a New Mode for Institutional Participation.

Asset management giant BlackRock announced last Thursday the launch of the iShares Staked Ethereum Trust ETF (ETHB). On its first trading day, it achieved impressive results with over $15.5 million in daily trading volume, marking a new milestone for institutional investment in the Ethereum ecosystem.

Bloomberg ETF analyst James Seyffart posted on social platform X, stating: “Most of the trading has already been completed, with a total volume reaching $15.5 million.”

He added that for a new ETF debuting on its first day, this is definitely a “very solid start.” Additionally, Seyffart earlier revealed that ETHB’s asset size at launch had already exceeded $100 million.

Image Source: X/@JSeyff

ETHB is BlackRock’s third cryptocurrency ETF and also the company’s first product to incorporate staking mechanisms into the ETF structure.

Specifically, ETHB will hold physical Ethereum directly, with a portion of the ETH staked. In other words, investors can participate directly in Ethereum price movements and also enjoy staking rewards.

In fact, BlackRock hinted as early as 2025 that it was interested in entering the blue ocean of “staked crypto ETFs.” According to the latest S-1 registration statement filed with the U.S. Securities and Exchange Commission (SEC), BlackRock quietly accumulated Ethereum in the market as early as February this year to pave the way for ETHB’s listing.

Operationally, under normal market conditions, ETHB will stake between 70% and 95% of its Ethereum holdings, reserving 5% to 30% for fund subscriptions, redemptions, and daily liquidity needs.

Regarding the most concerned “income distribution mechanism,” approximately 82% of staking rewards will be distributed monthly to ETF holders, while the remaining 18% will go to the issuer and the executing agent.

As for fees, ETHB has an annual management fee of 0.25%, but during the first year of listing, as long as the fund’s assets do not exceed $2.5 billion, investors can enjoy a limited-time promotional fee rate of 0.12%.

• This article is reprinted with permission from: “BlockCast”
• Original title: “BlackRock’s ‘Ethereum Staking ETF’ Debuts! First Day Trading Volume Breaks $15.5 Million”
• Original author: Block Sister MEL