BlackRock's ETHB Staked Ethereum ETF Logs $15.5M Volume on First Trading Day
BlackRock's iShares Staked Ethereum Trust ETF (ETHB) began trading yesterday and generated about $15.5 million in first-day volume, opening with just over $100 million in assets. The fund charges a 0.25% management fee, temporarily reduced to 0.12% for its first year until assets reach $2.5 billion, and distributes staking rewards as monthly dividends rather than adding them to NAV.