Gate News update: April 8. BlackRock’s iShares Staked Ethereum Trust (code ETHB) went live on March 12 with a management fee of 0.25% (a temporary discount period of 0.12%). It also charges an 18% commission on the total staking rewards for roughly $318 million worth of staked ETH held in the trust; this commission is split between BlackRock and a certain CEX. Based on the current ETH staking yield of about 2.74%, the 18% commission is roughly equivalent to a total return of 49 basis points. Falconedge CEO Roy Kashi believes that this 18% covers costs such as custody, penalty/seizure risk, validator fees, and brand premium, and estimates that the operational cost floor for a staking ETF is about 5%. GlobalStake founder Richard Shorten noted that there are many hidden fees before the yield reaches the ETF. Cosmos co-founder Ethan Buchman said that 18% is not unusual for institutional products, but expects it to be compressed to 15% and even 10% in the future. Twinstake’s VP of Sales Harriet Browning cautioned that excessive fee competition could lead some providers to lower standards for security and transparency. Currently, this commission is still below the highest 25% fee rate that retail users pay when staking ETH directly on mainstream crypto platforms. Financial advisor Tyrone Ross questioned whether it is worth handing over the 18% of staking rewards to BlackRock and a certain CEX.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Processes 200M Transactions in Q1 2026, Up 43% QoQ
Ethereum experienced its highest quarterly transaction volume in Q1 2026 with over 200 million transactions, marking 43% growth from the previous quarter. Layer 2 solutions and stablecoin usage drove this surge, indicating a utility-focused adoption trend.
GateNews7h ago
Ethereum Co-founder Lubin: AI Will Be Critical Turning Point for Crypto, But Tech Giant Monopoly Poses Systemic Risk
Ethereum co-founder Joseph Lubin emphasized the transformative potential of AI for the cryptocurrency sector while cautioning against the risks of centralization among tech giants. He envisions AI-driven autonomous transactions on blockchain and highlights the convergence of traditional finance with DeFi.
GateNews8h ago
ETH falls below 2350 USDT
Gate News bot message, Gate market shows that ETH has fallen below 2350 USDT, with the current price at 2349.73 USDT.
CryptoRadar10h ago
eth.limo DNS Under Attack, Vitalik Urges Users to Pause Access and Switch to IPFS
Vitalik Buterin warned on April 18 about an attack on the DNS registrar for eth.limo, urging users to avoid accessing vitalik.eth.limo and related pages. He recommended using IPFS as an alternative until the issue is resolved.
GateNews13h ago
Arthur Hayes Moves 3,000 ETH to Major CEX, Sparking Sell-Off Speculation
A wallet associated with Arthur Hayes transferred 3,000 ETH to exchanges, sparking speculation about potential selling pressure. While some interpret this as profit-taking, others suggest it may be for repositioning. The crypto community remains divided as traders monitor the situation closely.
GateNews15h ago
