BlackRock, Coinbase to take 18% of ETH ETF staking revenue

BlackRock and Coinbase will take an 18% fee on the staking revenue generated by BlackRock's upcoming Ethereum staking ETF (ETHB), DL News reported. To handle investor redemption requests at any time, BlackRock plans to stake only 70% to 95% of the Ethereum held by the ETF. CoinNess previously reported that BlackRock had submitted a revised S-1 filing setting the management fee for its iShares Ethereum Staking ETF at 0.25%.