[BlackRock Ethereum Staking ETF, 20-Day Net Inflow of $308 Million 💰]
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BlackRock’s Ethereum staking ETF has had 20 inflow days with net outflows on every single one of them. From July 28 to September 11, it pulled in a total of $307.72 million, and on September 2 alone it added $52.91 million.
First, distinguish between the two Ethereum funds held by BlackRock. ETHA tracks price only; net assets are already $9.1 billion. ETHB was launched only in March this year, and it has staked 75% of its holdings, resulting in an additional 1.52% annualized yield.
What’s really worth watching is where institutional money is running. On September 11, ETHA saw net inflows of 148.8 million, while ETHB only had 18.3 million. Trading volume in the secondary market differs by 30x, and cumulative net inflows differ by more than tenfold.
For crypto, staking ETFs are a second leg of demand. When coins are staked and locked up, the freely tradable portion is reduced by a chunk. ETHB has already staked 314,000 ETH, accounting for 74% of its own assets.
Wall Street is packaging Ethereum into an interest-earning asset. Do you think this is genuine demand, or just a short-term gimmick? Let’s chat in the comments section.
Group chat: 📲 加入X先生的粉丝群聊
BlackRock’s Ethereum staking ETF has had 20 inflow days with net outflows on every single one of them. From July 28 to September 11, it pulled in a total of $307.72 million, and on September 2 alone it added $52.91 million.
First, distinguish between the two Ethereum funds held by BlackRock. ETHA tracks price only; net assets are already $9.1 billion. ETHB was launched only in March this year, and it has staked 75% of its holdings, resulting in an additional 1.52% annualized yield.
What’s really worth watching is where institutional money is running. On September 11, ETHA saw net inflows of 148.8 million, while ETHB only had 18.3 million. Trading volume in the secondary market differs by 30x, and cumulative net inflows differ by more than tenfold.
For crypto, staking ETFs are a second leg of demand. When coins are staked and locked up, the freely tradable portion is reduced by a chunk. ETHB has already staked 314,000 ETH, accounting for 74% of its own assets.
Wall Street is packaging Ethereum into an interest-earning asset. Do you think this is genuine demand, or just a short-term gimmick? Let’s chat in the comments section.
