PANews reported on March 15th that DeFi researcher Ingas published an article on the X platform stating that BlackRock's staking-based Ethereum exchange-traded fund (ETHB) attracted approximately $46 million in inflows within just two days of its listing. The fund holds spot ETH and stakes 70%-95% of it through Coinbase. Investors can receive approximately 82% of their staking rewards in cash each month. The fund does not use compound interest, a design that may attract high-net-worth investors who want to live off the returns. The remaining 18% of the returns go to BlackRock and Coinbase. Ingas stated that BlackRock launched a separate staking-based Ethereum ETF, rather than adding staking functionality to its existing Ethereum exchange-traded fund ETHA, because staking increases the risk of punitive impairment, which some investors want to avoid.
The Pi Network community is entering another stage of organizational development as new opportunities emerge for p
