Odaily Planet Daily report: 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 decision to launch a standalone staked Ethereum ETF rather than adding staking functionality to the existing Ethereum ETF, ETHA, stems from the fact that staking introduces penalty-related depreciation risk, which some investors wish to avoid. The fund holds spot ETH and stakes 70%–95% of it through Coinbase. Investors receive approximately 82% of the staking yield in cash monthly, with no compounding within the fund—a design likely to appeal to large investors seeking income generation. The remaining 18% of the yield is retained by BlackRock and Coinbase.
BlackRock’s Staking Ethereum ETF Attracts $46 Million in Two Days, Avoids Impairment Risk
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Summary
Ethereum news: BlackRock’s staking Ethereum ETF, ETHB, attracted $46 million in two days, according to DeFi researcher Ingas. The fund operates separately from ETHA to mitigate impairment risks. It holds spot ETH and stakes 70%–95% via Coinbase. Investors receive 82% of staking rewards in cash monthly. ETF news: No compounding is applied; 18% of rewards go to BlackRock and Coinbase.
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