iShares Staked Ethereum Trust ETF

iShares Staked Ethereum Trust ETF (ETHB) is an actively managed exchange-traded product (ETP) that seeks to reflect the performance of the price of ether and rewards from staking a portion of the Trust's ether. Launched on Nasdaq on March 12, 2026, ETHB provides investors with exposure to staked Ethereum within traditional brokerage accounts, aiming to simplify access to ether without the complexities of direct cryptocurrency custody. The Trust's strategy involves holding spot ETH and staking between 70% and 95% of its holdings through validators operated by Figment, Galaxy Digital, and Attestant. Coinbase and Anchorage Digital serve as custodians for the Trust's ether. ETHB distributes 82% of the gross staking rewards to shareholders via monthly distributions, with the remaining 18% allocated to BlackRock, Coinbase, and the staking infrastructure providers. The annual sponsor fee is 0.25%, with a promotional rate of 0.12% on the first $2.5 billion in assets for the initial 12 months. The Trust is designed to offer exposure to the price return of ETH plus potential staking rewards, reducing the operational, tax, and custody complexities associated with directly holding and staking ETH. Sources: [1] https://www.blackrock.com/us/individual/products/348532/ishares-staked-ethereum-trust-etf [2] https://www.etf.com/ETHB [3] https://www.aaii.com/etf/ticker/ETHB [4] https://www.ishares.com/us/literature/prospectus/p-ishares-staked-ethereum-trust-etf-12-31.pdf [5] https://phemex.com/academy/what-is-ethb-blackrock-staked-ethereum-etf-explained [6] https://www.ishares.com/us/insights/portfolio-insights/cryptocurrency-staking-guide-ethereum [7] https://www.marketbeat.com/stocks/NASDAQ/ETHB/ [8] https://www.ishares.com/us/literature/product-brief/ethb-product-brief.pdf