BlackRock’s Staking Ethereum ETF ETHB Draws About $46 Million in Two Days
The fund holds spot Ether and uses Coinbase for staking (locking crypto to earn rewards), with investors receiving about 82% of staking yield in monthly cash distributions.
ETH
Summary
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Terms & Concepts
Staking: A process that locks crypto to help secure a blockchain network and earn rewards in return.
Spot Ether: Direct holdings of Ether rather than derivatives or synthetic exposure.
Slashing: A blockchain penalty mechanism that can reduce staked assets after validator failures or misconduct.