Gate News reports that on March 15, according to DeFi researcher Ingas, the BlackRock staked Ethereum ETF (ETHB) attracted approximately $46 million in inflows within two days of listing. The fund holds spot ETH and uses 70%-95% of the ETH for staking through a certain CEX. Investors can earn about 82% of staking rewards monthly (paid in cash), with the remaining 18% of the earnings going to BlackRock and the staking service provider. The fund does not compound returns, a design that may attract large investors relying on income. Ingas pointed out that BlackRock chose to launch a dedicated staking ETF rather than adding staking features to the existing Ethereum ETF (ETHA), mainly because staking increases the risk of punitive devaluation, which some investors want to avoid.
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