Ethereum ETF by BlackRock Sees $15.5M Opening Volume

Explore the provided link to achieve a steady profit in Binance futures trading: https://telegram.me/btctradingclub

The new staked Ethereum ETF (ETHB) from BlackRock recorded about $15.5M in trading volume on its first day.

Yesterday, BlackRock launched its iShares Staked Ethereum Trust ETF, trading under the ticker ETHB.

According to Bloomberg ETF analyst James Seyffart, it recorded a trading volume of about $15.5 million on its first day.

A New Structure for Crypto Income
In a series of posts on X, Seyffart explained that the fund opened with just over $100 million in assets and had raked in more than $11 million in trading volume by 2 p.m. Eastern time. However, by day’s end, it had added another $4 million to close at $15.5 million. The analyst described the performance as “very, very solid for a day 1 ETF launch.”

He also looked at the numbers next to BlackRock’s existing spot Ethereum ETF, ETHA. During the same period, ETHA had about $264 million in trading volume, well above ETHB’s numbers. But the gap is largely a reflection of the difference in assets, with ETHA holding nearly $6.6 billion per SoSoValue and the staked Ethereum ETF launching at $100 million.

According to the analyst, ETHB carries a management fee of 0.25%, although in the first year, BlackRock is offering a reduced fee of 0.12% until the fund hits $2.5 billion in assets.


  35% Profit on #COLLECT/USDT 

We are committed to delivering the highest quality signals to the trading community.

Trading on #Binance is highly lucrative, and traders worldwide recognize its potential.

Join our Binance Group to be part of the top Binance Trading community, just like numerous other traders.

Come and join our Binance Group and profit with the Binance Futures BOT.

Comments

Post a Comment

Popular posts from this blog

Zcash Leads Market Gains, Bitcoin Climbs Above $103K

Image
Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Bitcoin’s gradual price recovery after the Monday and Tuesday calamity helped the asset jump past $104,000 earlier today, where it faced immediate selling pressure. XRP is among the top performers from the larger-cap alts, but its 3.6% surge has been dwarfed by ZEC and ICP. BTC Tapped $104K The primary cryptocurrency had a volatile last week when it was stopped at $116,000 and pushed south to around $111,000 before the US Fed cut the interest rates on Wednesday. Surprisingly to some, it dropped after that to under $107,000 but quickly bounced off and returned to $111,000 during the weekend. 22% Profit made on #ZEC/USDT Our team consists of top-notch professionals with a deep understanding of market behavior and trends. We have a skilled team of full-time crypto traders who excel in market analysis and trading. Follow the link provi...
Read more

ZEC Hits 7-Year Peak, BTC Wobbles Near $110K

Image
Visit Our Most Successful Binance Futures channel for FREE crypto trading strategy –  https://telegram.me/binancefuturesignal Bitcoin’s price instability continued in the past 24 hours as the asset failed at over $111,500 and slipped back down to familiar territory of around $110,000. Most altcoins are with minor gains within the same timeframe, aside from TAO and ZEC, which have exploded by double digits, and Figure Heloc, which has skyrocketed by more than 300%. BTC Unstable at $110K The macro perspective received several positive news in the past ten days or so, starting from the lower-than-expected inflation numbers for September announced last Friday. Then, the US Federal Reserve cut the interest rates on Wednesday, as expected, while China and the US reached some preliminary consensus on trade frictions. Huge profits made from this call We are the Number# 1 Binance Futures Signals Pro Group due to the fact that our signals have high success ratio. You will receive everything ...
Read more

Is 2025 the Calm Before Crypto’s Big Change?

Image
Explore the provided link to ensure a steady profit in Binance futures trading –   https://telegram.me/binancefuturesignal This crypto market cycle hasn’t seen the hype and excitement that was present in previous bull markets, but that doesn’t make it any less significant. “Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth in its “third green year,” 2025 has seen more measured movements with sideways trading. However, this signals a crucial transition rather than a broken cycle, the analysts argued. Excellent 33% Profit on #ALCH/USDT The infrastructure of the Binance Futures platform aligns with that of their spot trading exchange, Binance. Integrating our Cornix trading Bots with your Binance Futu...
Read more