BlackRock's Staking ETF Trails Non-Staking Counterpart Despite Income Distributions
BlackRock's non-staking Ethereum fund, the iShares Ethereum Trust ETF (ETHA), continues to outperform its staked counterpart, the iShares Staked Ethereum Trust ETF (ETHB), despite ETHB starting to distribute income to shareholders.
On September 11, ETHA had around $8.96 billion in assets, while ETHB held approximately $1.05 billion.
The latter fund received staking rewards in May and distributed income of $0.036487 per share on September 10.