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BlackRock Rules Out Exotic ETF Structures Despite Market Trends

BlackRock Rules Out Exotic ETF Structures Despite Market Trends

BlackRock added a new product to its crypto lineup on Thursday with the launch of the iShares Staked Ethereum Trust, under the ticker ETHB.

Crypto News

BlackRock added a new product to its crypto lineup on Thursday with the launch of the iShares Staked Ethereum Trust, under the ticker ETHB. The fund gives investors exposure to Ethereum price movements while also allowing them to earn yield through Ethereum staking rewards.
ETHB brought in $43.5 million in inflows and recorded over $15.5 million in trading volume on its first day, according to Farside Investors data. The launch marks BlackRock’s second Ethereum product, following the iShares Ethereum Trust ETF, ticker ETHA, which has accumulated nearly $12 billion in inflows since it…

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