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BlackRock to take 18% of Ethereum staking (locking crypto to earn rewards) rewards — ETHB exits may lag

According to a social post, BlackRock’s staked Ethereum ETF would retain 18% of staking (locking crypto to earn rewards) rewards, and investor exits from ETHB (ETF ticker referenced in the post) could take weeks.

ETH

Summary

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Terms & Concepts
  • Staking: A process where crypto holders lock tokens to support network validation in return for rewards; often managed by custodians or validators who may retain a share.
  • Redemption period: The time required to exit an investment product, such as an ETF or staking program, which can range from days to weeks depending on operational procedures.
  • ETF ticker: A short symbol used to identify an exchange-traded fund on a stock exchange (e.g., ETHB).