#VANRYUSDT BlackRock ’s new Staked $ETH ETF is set to take an 18% cut of staking rewards.
According to filings, the proposed iShares Staked #Ethereum Trust would give 18% of gross ETH staking rewards straight to BlackRock Fund Advisors and Coinbase.
Translation? If you were planning to stake ETH through this ETF, a chunk of your rewards is going straight to the big guys.
Makes you think about whether staking yourself could be more profitable or at least keep more ETH in your wallet.$VANRY