BlackRock's Staking Ethereum ETF Surpasses $250 Million in Assets Under Management in First Week of Listing

Odaily News: BlackRock's launched staking Ethereum exchange-traded fund, the iShares Staked Ethereum Trust (ETHB), has reached an asset management scale of $254 million one week after its listing. It is reported that ETHB investors can receive 82% of the staking rewards through monthly dividends, with the remaining 18% allocated to the trust institutions, custodians, and service providers participating in the staking process. Current validators supporting this fund include Figment, Galaxy Blockchain Infrastructure, and Attestant. (Crypto-economy.)