BlackRock’s iShares Staked Ethereum Trust has amassed $254 million worth of assets under management since its launch a week ago. This means investors have purchased $146 million worth of shares since the fund’s inception, on top of the more than $100 million seeded into the fund.
On March 12, BlackRock launched iShares Staked Ethereum Trust (ETHB) on Nasdaq with seed funding from iShares affiliate BlackRock Financial Management. The new fund will invest 70-95% of that amount. $ETH will hold and pass on 82% of the earned rewards to investors through monthly payments, with the remaining 18% split between the trust, custodian, and staking service provider.
Validators for this fund include Figment, Galaxy Blockchain Infrastructure, and Attestant. ETHB charges a sponsor fee of 0.25%, discounted to 0.12% in the first year for assets up to $2.5 billion. It entered a market where Grayscale and REX-Osprey had already launched competing staking Ethereum products.
Ethereum made a strong rally above $2,300 earlier this week, but has since fallen along with Bitcoin and the rest of the market. At the time of writing, $ETH It traded at $2,126 after falling 4% over the past day.
The Grayscale Ethereum Staking ETF added staking in October 2025 and changed the fund’s name to reflect the new staking activity in January. The fund had mixed results in its first week as a staking ETF, with net outflows of $32.5 million. However, Grayscale had the misfortune of adding to its ETF stake in the same week that Bitcoin’s flash crash wiped out $19 billion in leverage last October, dragging down the rest of the crypto market.
The Grayscale Ethereum Staking Mini ETF, on the other hand, was founded in April 2024, but it did not initially launch with staking. This was not added until October 6, 2025, the same week that the ETHE fund added staking.
BlackRock’s products are different from grayscale. $ETH Because it was conceived and launched using staking, rather than adding features later.
