Techub News: BlackRock's iShares has filed a revised S-1, proposing the launch of the "iShares Staked Ethereum Trust ETF." This trust is a Delaware statutory trust primarily holding Ethereum, and plans to participate in Ethereum staking through third-party nodes such as Coinbase, with approximately 70%–95% of assets involved in staking rewards without affecting the grantor's trust tax status. The product uses a basket redemption mechanism of 40,000 units, supporting cash or physical Ethereum redemptions, limited to authorized participants for direct redemptions; the base fee rate is 0.25% annually, reduced to 0.12% for the first 12 months after listing on the first $2.5 billion of assets.
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Techub News: BlackRock's iShares has filed a revised S-1, proposing the launch of the "iShares Staked Ethereum Trust ETF." This trust is a Delaware statutory trust primarily holding Ethereum, and plans to participate in Ethereum staking through third-party nodes such as Coinbase, with approximately 70%–95% of assets involved in staking rewards without affecting the grantor's trust tax status. The product uses a basket redemption mechanism of 40,000 units, supporting cash or physical Ethereum redemptions, limited to authorized participants for direct redemptions; the base fee rate is 0.25% annually, reduced to 0.12% for the first 12 months after listing on the first $2.5 billion of assets.