BlackRock updates Ethereum staking ETF fee, lowering it from 18% to 10%, with potential for tiered discounts based on participation scale, enhancing product competitiveness.
BlackRock has amended its filing for the Ethereum staking ETF (ETHB), reducing the staking fee from 18% to 10% of rewards. Bloomberg analyst James Seyffart highlighted the possibility of tiered discounts based on scale, signaling an effort to optimize the product for growing institutional interest in staking-based products.