BlackRock, Coinbase to retain 18% of ETH staking rewards in new ETHB ETF
BlackRock and Coinbase will retain 18% of ETH staking rewards from a new ETF, with investors receiving 82% of the yield, a filing shows. Up to 95% of the fund's ETH may be staked, and withdrawals could take weeks. Comparable DeFi platforms charge around 5% on staking, more than three times lower than this ETF structure.