BlackRock Ethereum Staking Fund Surpasses $250 Million in First Week

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Mars Finance reports that, according to market sources, the assets under management of BlackRock’s iShares Staked Ethereum Trust (ETHB) reached $254 million one week after listing. Since its launch on March 12, it has seen a total inflow of $146 million, with initial seed funding exceeding $100 million. The fund stakes 70-95% of its Ethereum holdings and distributes 82% of the staking rewards to investors each month, with the remaining 18% allocated to the trust, custodians, and staking service providers. ETHB’s management fee is 0.25%, with a first-year discount to 0.12% for the first $2.5 billion in assets. Its validators include Figment, Galaxy Blockchain Infrastructure, and Attestant.

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