BlackRock's ETHB Staked Ethereum ETF Launches with $100M AUM, $15.5M First-Day Volume

BlackRock's staked Ethereum ETF (ticker ETHB) began trading with $100 million in assets under management and recorded $15.5 million in first-day trading volume. Coinbase serves as custodian and staking provider for ETHB, with the fund distributing staking rewards to investors as monthly dividends. Bloomberg ETF analyst James Seyffart described the launch performance as "very, very solid for a day 1 ETF launch."