ETH staking ETF launched with $46M USD of inflows in 2 days.Quite surprising how silent CT was about the news.ETHB holds spot $ETH and stakes 70-95% of it via Coinbase.Investors receive 82% of staking rewards as monthly cash dividends: ETH is sold and yield is paid in USD.So no compounding inside the fund. Perhaps attractive for whales who want to live off the yield.BlackRock and Coinbase keep the remaining 18%.Fee is 0.25%, waived to 0.12% for the first year or until the fund hits $2.5B AUM.------So why wo ...

🚨JUST IN: BLACKROCK NOT INTERESTED IN "EXOTIC" CRYPTO ETFSAfter @Blackrock's $ETH staking ETF went live this week, speculation is building around what could be coming next...However, in a new interview, Blackrock's Robert Mitchnick said that he does believe various 'exotic' crypto ETFs will arrive, but that his firm will take a "discerning approach".Blackrock's spot $BTC ETF is now nearly 5x larger than its closest competitor. ...

Crypto things you might have missed:-$50M loss during token swap on Aave-BlackRock ETH staking ETF volume explodes-Thune: Clarity Act unlikely before April-Senate votes to ban Fed CBDC-CME: US intervention in oil futures would be 'biblical disaster'-Happy Friday the 13th ...