Published: March 13, 2026 at 4:08 p.m
On March 13, 2026, the barrier between institutional finance and on-chain income finally crumbled.
BlackRock, which already dominated Bitcoin ETF revenue with more than $115 million earlier this week, increased the momentum with the launch of the iShares Staked Ethereum Trust (ETHB). This isn’t just another ETF spot; it is the first major regulated fund to pay investors to “HODL”.
Traded on the Nasdaq, ETHB is designed to contribute 70% to 95% of its underlying Ether holdings through Coinbase Prime, allowing institutional and retail investors to capture approximately 82% of the total rewards. With a current annual yield of around 3.1%, BlackRock is effectively turning Ethereum into a digital bond that pays monthly distributions directly to brokerage accounts.
Production capital
This launch was made possible by the GENIUS Act of 2025, which established the legal basis for crypto-income products in the U.S. While the previous “Spot” era focused on pure price impact, ETHB marks the transition to “Productive Capital”.
On its debut day, the fund registered USD 15.5 million, proving that appetite for domestic crypto yields remains high despite the stable macro backdrop. For the retail investor, this offers a “hands-off” way to benefit from Ethereum’s Proof-of-Stake security without the technical pain of managing a validator.
For Wall Street, it’s the birth of a new asset class: tokenized yield bonds. As BlackRock and Coinbase retain an 18% share fee, this partnership solidifies their duopoly at the top of the institutional crypto-gateway. The message to the market is clear: the future of ETFs is not just about holdings; it is about income.
Disclaimer. The information provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be considered an endorsement by Coinidol.com. Readers should do their own research before investing in funds.
