BlackRock Launches Staked Ether ETF
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
BlackRock, the worlds largest asset manager, introduces its first staked Ether ETF, iShares Staked Ethereum Trust (ETHB), allowing investors to earn staking rewards and potentially benefit from Ethers price growth. The fund attracted significant inflows and trading volume on its first day. BlackRock, known for its cautious approach, plans to focus on proven demand for Bitcoin and Ether, with interest in other mature coins. Their flagship Bitcoin fund, IBIT, has gained over sixty-three billion dollars since launch. BlackRock is also developing a Bitcoin premium income ETF using covered call options on Bitcoin futures for regular payouts.
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