ChainCatcher reports that DeFi researcher Ingas posted on X that BlackRock’s staked Ethereum ETF, ETHB, attracted approximately $46 million in inflows within just two days of its launch. The fund holds spot ETH and stakes 70%–95% of its ETH through Coinbase. Investors receive approximately 82% of the staking rewards in cash each month; the fund does not compound earnings, a design that may appeal to large investors seeking income generation. The remaining 18% of rewards go to BlackRock and Coinbase. Ingas noted that BlackRock launched a standalone staked Ethereum ETF rather than adding staking functionality to its existing Ethereum ETF, ETHA, because staking introduces slashing risk—which some investors wish to avoid.
Analyst: BlackRock Launches Separate Staking Ethereum ETF to Avoid Penalty Impairment Risk
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Summary
Ethereum news emerged as BlackRock’s staking Ethereum ETF, ETHB, attracted approximately $46 million in inflows over two days. The fund holds spot ETH and stakes 70%–95% through Coinbase, with investors receiving 82% of staking rewards in cash each month. BlackRock and Coinbase retain the remaining 18%. The ETF’s structure highlights that returns are not compounded, likely appealing to income-focused investors. BlackRock chose a separate staking ETF to avoid increasing penalty impairment risk in its existing ETHA fund.
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