BlackRock Launches ETHB Ethereum Staking ETF, Analyst James Seyffart Says
According to analyst James Seyffart, the new fund charges a 0.25% fee and stakes the Ethereum it holds on-chain to combine price exposure with staking (locking crypto to earn rewards).
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Summary
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Terms & Concepts
Staking: Locking cryptocurrency on a blockchain network to help support operations and earn rewards.
Ethereum staking ETF: An exchange-traded fund designed to track Ethereum while also generating staking-related yield from held assets.
On-chain: Activity that occurs directly on a blockchain network and is recorded there transparently.