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US regulators have made significant progress on the CLARITY Act recently. But even against this backdrop, crypto ETPs lost substantial money last week. Between May... The post Crypto ETPs Lost $1.47B in a Week. Why Are Investors Pulling Money Out? appeared fi…
US regulators have made significant progress on the CLARITY Act recently. But even against this backdrop, crypto ETPs lost substantial money last week. Between May 16 and May 22, clients withdrew $1… [+2172 chars]
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It is a rewards-generating crypto exchange-traded product launched by BlackRock in March 2026 that holds spot Ether and stakes a portion of those holdings.
The fund stakes between 70% and 95% of its Ether holdings, and the resulting rewards are distributed to investors as monthly cash payouts.
Galaxy Digital is one of three validators selected by BlackRock to power the staking for the iShares Staked Ethereum Trust ETF.