Blackrock Ether Staking ETF Surges to $1B in Assets

Blackrock's Ether Staking ETF, ETHB, has attracted significant investor attention over the past 20 days. Between July 28 and September 11, the fund recorded inflows totaling $307.72 million, with no single day of outflows during that period.

The demand for ETHB accelerated in late August and early September, with the fund attracting $42.64 million on August 28 and another $52.91 million on September 2.

Since its launch on Nasdaq on March 12, ETHB has accumulated $830.67 million in net inflows, according to SosoValue. Blackrock data puts net assets at roughly $1.05 billion after just six months since launch.

ETHB differs from a standard spot ethereum ETF because it stakes between 70% and 95% of its holdings. As of September 11, the fund held about 313,789 staked ETH, worth $802.9 million and representing 74.55% of assets.