BlackRock's Ethereum Staking ETF surpasses $250 million in assets under management within one week of listing

PANews, March 21 — According to Crypto-Economy, the asset management scale of BlackRock's staking-based Ethereum exchange-traded fund, iShares Staked Ethereum Trust (ETHB), has reached $254 million one week after its listing. It is reported that ETHB investors can receive 82% of staking rewards through monthly dividends, while the remaining 18% is allocated to trust institutions, custodians, and service providers participating in the staking process. Currently, validators supporting the fund include Figment, Galaxy Blockchain Infrastructure, and Attestant.