According to the latest disclosure by James Seyffart, a renowned Bloomberg ETF analyst, BlackRock's Ethereum staking ETF (trading under ETHB) will have an annual fee of 0.25%.
BlackRock's Staking Revenue Model
More notably, BlackRock will retain 18% of the staking rewards generated by the ETF. This means nearly one-fifth of the Ethereum staking rewards will not be distributed to investors.
Potential Investor Implications
- Reduced yield may impact long-term investment returns
- Fee structure transparency improves, but investors should reassess yield expectations
- This move could spark market speculation on whether other ETFs will follow suit