2-18
BlackRock and Coinbase Outline 18% Staking Rewards Cut and Fee Structure for ETHB Ethereum ETF
BlackRock has updated its SEC filing for the proposed iShares Staked Ethereum Trust ETF (ETHB), specifying that it and Coinbase intend to retain 18% of all staking rewards generated by the fund. The amended document also details Coinbase’s role as custodian and staking provider, a tiered sponsor fee structure starting at 0.25% annually with a temporary reduction, and plans to keep 5% to 30% of the fund’s ETH unstaked for liquidity and operations.
ETH
ETH+7.54%
2-18
12-30
BitMine Stakes 342,560 ETH Worth About $1 Billion, Extending Ethereum Validator Activation Delays
BitMine Immersion Technologies, chaired by Tom Lee, staked 342,560 ETH worth roughly $1 billion over a 48-hour period, tightening Ethereum's liquid supply and reshaping validator onboarding dynamics. The move has pushed Ethereum's staking entry queue to around 735,000 ETH with activation waits exceeding 12 days, while the exit queue sits near 344,000 ETH and averages six days.
ETH
ETH+7.54%
12-30