- ETHB records over $15 million in first-day trading volume with initial AUM of approximately $106 million
- Stakes 70-95% of holdings to generate Ethereum network rewards
- Passes 82% of staking rewards to investors via monthly distributions
- Expense ratio of 0.25%, temporarily reduced to 0.12% initially
BlackRock has introduced a new exchange-traded product that combines spot ether price exposure with the income potential of Ethereum staking, marking a milestone for regulated crypto investments.
The iShares Staked Ethereum Trust ETF (ETHB) began trading on Nasdaq on March 12, 2026, generating more than $15 million in first-day volume on roughly $106 million in initial assets under management, according to CoinDesk and Bloomberg ETF analyst James Seyffart, who described the debut as “very, very solid.”
Unlike earlier spot Ethereum ETFs, ETHB will stake between 70% and 95% of its ether holdings under normal conditions, with rewards converted to cash and distributed monthly to investors after operational costs. The fund passes on 82% of those staking rewards to shareholders, Decrypt reported.
The official iShares product page lists a sponsor fee of 0.25%, with BlackRock applying a waiver that lowers the effective rate to 0.12% initially to attract early capital. Coinbase Prime serves as custodian.
This launch reflects growing institutional appetite for Ethereum’s yield opportunities within traditional brokerage accounts, building on BlackRock’s successful iShares Bitcoin Trust and spot Ethereum Trust products. While it expands access to the Ethereum ecosystem’s evolution through DeFi and tokenization, investors should consider risks including ether price volatility and potential staking-related losses.
The development comes as the broader market seeks regulated avenues for crypto income, positioning ETHB as a key option for those balancing exposure and returns.
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.