BlackRock’s staked ether ETF draws $15 million in first-day trading

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BlackRock’s staked ether ETF draws $15 million in first-day trading The new ETHB fund launched with over $100 million in assets and traded more than $15 million on day one, offering investors exposure to ethereum plus staking rewards. By Shaurya Malwa Mar 13, 2026, 6:23 a.m. Make us preferred on Google What to know : BlackRock’s new iShares Staked Ethereum Trust (ETHB) debuted with more than $15 million in first-day trading volume on roughly $100 million in initial assets, signaling strong demand. Unlike traditional spot crypto ETFs, ETHB stakes 70% to 95% of its ether holdings and distributes about 82% of staking rewards to investors through monthly payouts. The fund charges a 0.25% sponsor fee, temporarily discounted to 0.12% on the first $2.5 billion in assets, and could help pave the way for more yield-generating ETFs tied to proof-of-stake networks. BlackRock’s new staked ether exchange-traded fund got off to a solid start Friday, pulling in more than $15 million in trading volume on its first day as Wall Street begins experimenting with yield-generating crypto ETFs. The iShares Staked Ethereum Trust, trading under the ticker ETHB, launched with just over $100 million in assets and had already seen about $11 million in trading by early afternoon, according to Bloomberg ETF analyst James Seyffart. By late session, trading volume had climbed to roughly $15.5 million, suggesting strong initial demand for the product. Vast majority of the trading is done and we are at $15.5 million in trading volume for the BlackRock staked Ethereum ETF -- $ETHB . Very very solid for a day 1 ETF launch https://t.co/5f9VeA9ivq pic.twitter.com/MpwRqeHnwU — James Seyffart (@JSeyff) March 12, 2026 Those numbers are considered strong for an ETF launch, market watchers say. “BlackRock's Staked Ether ETF launched with just over $100 million in assets and has traded about $11.1 million through early afternoon,” Seyffart said on X, calling it “a pretty good start for any ETF.” The product marks a significant evolution in crypto exchange-traded funds. Unlike traditional spot crypto ETFs that simply track the underlying asset, ETHB will generate yield by staking ethereum, distributing most of the rewards back to investors. According to the prospectus, the fund will stake between 70% and 95% of its ether holdings at any given time. About 82% of the staking rewards will be paid out to investors through monthly distributions, similar to how dividend-paying ETFs distribute income. The remaining 18% will be allocated among the trust, custodians and staking service providers. The fund charges a 0.25% sponsor fee, though BlackRock is offering a temporary discounted rate of 0.12% on the first $2.5 billion in assets as it seeks to attract early investors. ETHB is the latest addition to BlackRock’s growing digital assets ETF lineup. The firm already runs the iShares Bitcoin Trust (IBIT), which launched in January 2024 and quickly became the dominant bitcoin ETF, as well as the iShares Ethereum Trust (ETHA) introduced in July 2024. Ethereum’s staking mechanism allows holders to lock up ETH to help secure the network in exchange for rewards, effectively creating a crypto-native yield. By packaging that yield inside an ETF wrapper, firms like BlackRock are attempting to make the structure accessible to traditional investors who cannot easily participate directly on-chain. If staking ETFs gain traction, they may open the door to similar structures across other proof-of-stake networks — potentially turning crypto ETFs from passive exposure vehicles into income-generating financial instruments. More For You Pi rallies more than 30% after Kraken announces listing By Sam Reynolds | Edited by Omkar Godbole 1 hour ago Bybit previously declined to list the mobile crypto mining platform, with CEO Ben Zhou citing warnings from Chinese police that the project is a scam. What to know : Pi Network’s PI token jumped about 30% during Asia’s morning trading after Kraken said it would list the cryptocurrency. The mobile-first project, which uses a phone-based trust graph instead of traditional mining, launched its externally connected mainnet in February 2025 with roughly 19 million KYC-verified users and 10 million migrated accounts. 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