blackrock filed ethb as a separate staked eth etf instead of adding staking to their $2.4b etha fund. pension funds restricted to commodities buy etha. endowments chasing yield buy ethb. same eth, two products, double the allocator pools. coinbase runs the validators for both and takes a cut of $34.2m in staked eth growing daily. product segmentation is the real tokenomics ...

WuBlockchain Weekly: Qiao Wang Warns of Potential 50% Market Drawdown, Vitalik Flags Quantum & Institutional Risks, $1B ETH DAT Halted, First Bitcoin-Backed Municipal Bond Approved in U.S., BlackRock Registers Staked ETH ETF, OCC Clarifies Banks Can Hold Crypto for Network Fees, and More https://t.co/v2TI5Y01Vg ...