TechFlow News, March 13: According to Cointelegraph, BlackRock’s iShares Staked Ethereum Trust (ticker: ETHB) recorded approximately $15.5 million in trading volume on its first day of listing. James Seyffart, ETF analyst at Bloomberg, stated that this performance is solid for an ETF on its debut day.
ETHB’s first-day trading volume was lower than that of two previously launched Solana staking ETFs—Bitwise Solana Staking ETF (BSOL), which recorded $55.4 million on its first day, and REX-Osprey SOL + Staking ETF (SSK), which recorded $33.7 million.
ETHB is the latest addition to BlackRock’s cryptocurrency product suite. Since their 2024 launches, BlackRock’s iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA) have accumulated net inflows exceeding $62.8 billion and $11.9 billion, respectively.
