Skip to main content
BlackRock staked Ethereum ETF opens with $15.5M
Image for illustrative purposes only. Not a real photo.

BlackRock staked Ethereum ETF opens with $15.5M

Share

BlackRock’s iShares Staked Ethereum ETF debuted on Nasdaq with about $15.5 million in first-day trading volume, marking the asset manager’s first cryptocurrency exchange-traded fund offering staking exposure.

The fund, called iShares Staked Ethereum ETF (ETHB), allows investors to gain exposure to Ether while potentially earning staking-related yield through the fund structure.

“Very, very solid for a day 1 ETF launch,”

Said James Seyffart, commenting on the initial trading activity.

ETHB carries a sponsor fee of 0.25%, which will be reduced to 0.12% for the first year on assets up to $2.5 billion as part of a fee waiver designed to attract early inflows.

BlackRock already operates two crypto exchange-traded funds, including the iShares Bitcoin Trust and the iShares Ethereum Trust.

The launch comes as staking-focused crypto ETFs gain traction, with the Bitwise Solana Staking ETF drawing $56 million in first-day trading volume and about $417 million during its first week.

BlackRock’s existing crypto products have attracted substantial assets, with its Bitcoin ETF managing more than $55 billion and its Ethereum ETF overseeing roughly $6.5 billion.

At the time of reporting, Ethereum price was $2,125.07.

Frequently asked questions