BlackRock’s iShares Ethereum Trust (ETHA) secured $155 million in inflows during its first day of trading. This performance marks one of the strongest recorded debuts for a staked investment product.
Bloomberg Intelligence analyst Eric Balchunas noted the fund is structurally distinct from spot ETFs because it passes staked yields to shareholders. Standard Chartered reiterated a long-term price target of $15,000 for Ethereum by 2027.