BlackRock has detailed the fee structure for its proposed iShares Staked Ethereum Trust in an updated SEC filing. The ETF will charge a 0.25% annual sponsor fee, with a promotional first-year rate, and will take 18% of the staking rewards generated. The fund plans to stake 70-90% of its Ethereum holdings to earn yield while maintaining liquidity.
BlackRock outlined investor costs for its proposed iShares Staked Ethereum Trust in a recent SEC filing. The fund will impose a 0.25% annual sponsor fee, though this is reduced to 0.12% for the first $2.5 billion in assets during the initial year.
Beyond the sponsor fee, BlackRock will claim 18% of the staking rewards generated from its Ethereum holdings. Investors must therefore calculate net returns by considering this layered fee structure alongside service provider costs.
The ETF intends to stake between 70% and 90% of its Ethereum to generate income. The remaining unstaked portion is reserved for operational flexibility and meeting investor redemptions without delay.
An analyst noted the product’s significance, stating: “If approved, this bridges traditional capital with native crypto yield mechanics inside a compliant wrapper.” Grayscale set a precedent by launching the first U.S. Ethereum Staking ETF to distribute rewards in cash.
Another user added context on Grayscale, quoting: “GRAYSCALE BECOMES FIRST U.S. SPOT $ETH ETF ISSUER TO DISTRIBUTE STAKING REWARDS TO SHAREHOLDERS.” That fund distributed over $9 million in January 2026, paying approximately $0.083 per share.
Ethereum ETFs have recently attracted nearly $50 million in daily inflows, according to data. Ethereum was trading at $2,018 at press time following a 2.29% increase.
Market data shows nearly $3 billion in short positions alongside rising Open Interest. This leveraged activity increases the potential for a sharp price movement in either direction.

