BlackRock's iShares Staked Ethereum Trust launches with $15.5M first-day volume

On its first trading day, BlackRock's iShares Staked Ethereum Trust (ETHB) recorded around $15.5 million in volume from 592,804 shares traded on Nasdaq. The ETF invests in Ether, with 80% staked and 20% held liquid, launched with $106.7 million in net assets and charges a 0.25% sponsor fee, temporarily reduced to 0.12% on the first $2.5 billion in assets.