Odaily Planet Daily reports: One week after its launch, BlackRock’s staked Ethereum exchange-traded fund, iShares Staked Ethereum Trust (ETHB), has reached $254 million in assets under management. According to reports, ETHB investors receive 82% of the staking rewards as monthly distributions, while the remaining 18% is allocated to the trust, custodian, and service providers involved in the staking process. Current validators supporting the fund include Figment, Galaxy Blockchain Infrastructure, and Attestant. (Crypto-economy.)
BlackRock's Staked Ethereum ETF Reaches $250M AUM in One Week
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Summary
Ethereum news: BlackRock’s staked Ethereum ETF, the iShares Staked Ethereum Trust (ETHB), reached $254 million in AUM just one week after listing. Investors receive 82% of staking rewards through monthly dividends, with 18% allocated to the trust and service providers. The fund partners with validators including Figment, Galaxy Blockchain Infrastructure, and Attestant. Ethereum ecosystem news continues to demonstrate strong momentum amid this rapid growth.
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