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12 Maret 2026|15 menit baca

ETF Ethereum Staked BlackRock (ETHB): Panduan Lengkap 2026

BlackRock launches its third crypto ETF -- the first with built-in imbal hasil staking. ETHB trades on Nasdaq, stakes 70-95% of ETH via Coinbase Prime, and passes ~82% of rewards to investors at approximately 3.1% APY.

Tanggal Peluncuran

12 Maret 2026

Exchange

Nasdaq

Ticker

ETHB

Rentang Staking

70-95% ETH di-stake

Biaya Sponsor

0,25% (0,12% tahun pertama)

Imbal Hasil Investor

~3.1% APY (82% pass-melalui)

Apa itu ETHB dan Mengapa Penting

On March 12, 2026, BlackRock -- terbesar di dunia asset manager with over $11 trillion in AUM -- launched the iShares Staked Ethereum Trust (ticker: ETHB) on the Nasdaq exchange. This marks a historic moment: the first major institutional ETF product that offers built-in Ethereum imbal hasil staking to traditional investors.

ETHB is BlackRock's third crypto ETF, following the wildly successful IBIT (Bitcoin, January 2024) and ETHA (Ethereum, July 2024). While ETHA simply held ETH, ETHB takes it further by actively staking 70-95% of its Ethereum holdings through Coinbase Prime, generating hadiah staking that flow back to investors.

This means ETHB investors don't just benefit from ETH kenaikan harga -- they also earn approximately 3.1% APY in imbal hasil staking, making it more comparable to a dividend-paying stock than a traditional commodity ETF. The product recorded $15 million in first-day volume perdagangan and launched with approximately $100 million in initial assets.

Perjalanan ETF Kripto BlackRock

IBIT
Januari 2024

iShares Bitcoin Trust launches. Becomes the fastest ETF to reach $50B AUM in history. Transforms Bitcoin from niche asset to arus utama investasi.

ETHA
July 2024

iShares Ethereum Trust launches. Provides institutional exposure to ETH but without hadiah staking -- the key limitation that ETHB resolves.

ETHB
12 Maret 2026

iShares Staked Ethereum Trust launches on Nasdaq. First BlackRock ETF with built-in imbal hasil staking. Stakes 70-95% of ETH via Coinbase Prime, passing 82% of rewards to investors.

Cara Kerja Staking ETHB

Ethereum staking adalah proses locking ETH to help validate transaksis di jaringan. Sebagai imbalannya, stakers receive rewards. Here's how ETHB makes this process dapat diakses to everyday investor:

1

Investor Buy ETHB Shares

Investor pembelian ETHB shares through their brokerage akun, just like buying any stock or ETF. Each share represents a proportional claim on the fund's pooled ETH holdings.

2

BlackRock Mengumpulkan ETH dengan Coinbase Prime

BlackRock aggregates all investor ETH and sends 70-95% to Coinbase Prime for institusional-grade staking. The remaining 5-30% stays liquid for redemptions and operational needs.

3

ETH Memvalidasi Jaringan

The staked ETH participates in Ethereum's Proof-of-Stake consensus mechanism, validating transactions and securing the network. This generates hadiah staking of approximately 3.8% APY.

4

Hadiah Didistribusikan

82% of hadiah staking flow back to ETHB shareholders, automatically increasing the NAV of each share. BlackRock and Coinbase retain the remaining 18% as their service fee.

Ingin mempelajari lebih lanjut tentang staking Ethereum? Baca Panduan Staking dan Panduan Liquid Staking.

Analisis Mendalam Struktur Biaya

Biaya Sponsor (BlackRock)

0.25%Year 1: 0.12%

Annual management fee charged on total AUM. Reduced to 0.12% for pertama year on pertama $2.5 billion in assets, matching BlackRock's aggressive pricing strategy from IBIT.

Komisi Hadiah Staking

18%Year 1: 18%

BlackRock and Coinbase collectively keep 18% of all hadiah staking generated. This is how they earn revenue beyond the sponsor fee and is comparable to exchange staking commissions.

Investor Pass-Melalui

82%Year 1: 82%

Investors receive 82% of all hadiah staking generated, which at current network rates translates to approximately 3.1% APY net of the reward commission.

For the first year, BlackRock is waiving half the sponsor fee (0.12% alih-alih 0.25%) on the first $2.5 billion in assets -- the same aggressive pricing strategy they used with IBIT. Ini berarti early investor pay even less in fees.

Kalkulator Imbal Hasil Staking

Calculate your estimated ETHB hadiah staking. Adjust the ETH amount, holding period, and ETH price to see projected monthly and annual returns after all fees.

Investasi Value

$24,000

APY Efektif (setelah semua biaya)

2.87%

Bulanan Yield

$57.32

Total Imbal Hasil

$687.84

ETH Earned

0.2866 ETH

Potongan BlackRock + Coinbase (18%)

$164.16

Biaya Sponsor Dibayar

$60.00

ETF vs Staking Langsung: Mana yang Cocok untuk Anda?

ETHB ETF

~2.86% APY
Biaya

0.25% sponsor fee + 18% reward cut

Investasi Minimum

Price of 1 share (~$25-50)

Pengaturan Diperlukan

Brokerage akun only

Kustodi

Coinbase Prime (institusional)

Perlakuan Pajak

Taxable brokerage account, keuntungan modal + staking income

Kelebihan

  • +Tidak perlu pengetahuan teknis
  • +SEC-regulated and insured
  • +Beli/jual seperti saham
  • +No dompet management

Kekurangan

  • -Lower yield karena fee layers
  • -No direct ETH ownership
  • -Hanya perdagangan jam pasar

Perbandingan APY

ETHB ETF~2.86%
Exchange Staking (Binance/OKX)~3.5-4.5%
Solo Staking (32 ETH)~3.8-4.5%

For a broader look at kripto ETFs, read our kripto ETF panduan dan Bitcoin ETF Flows panduan.

Animator Rincian Biaya

See exactly how your investasi flows through ETHB over one year. Adjust the investasi amount and click "Animate" to watch the breakdown.

Gross Imbal Hasil Staking (3.8% APY)$380.00
Bagian Anda (82%)$311.60
BlackRock + Coinbase (18%)$68.40
Biaya Sponsor (0,25%)-$25.00
Pengembalian Tahunan Bersih untuk Anda$286.60

Apa yang Membuat ETHB Dimungkinkan

ETHB tidak akan telah possible even a year ago. Three critical regulasi developments paved the way for staking in ETFs:

GENIUS Act (Juli 2025)

The stablecoin regulasi law created a pro-crypto legislative precedent, demonstrating that Congress would support crypto financial products when properly regulated.

Ketua SEC Paul Atkins

Appointed in April 2025, Atkins replaced Gary Gensler and brought a dramatically more favorable stance toward crypto products, explicitly supporting staking in ETFs.

Persetujuan Staking SEC

The SEC formally approved in-kind staking for crypto ETFs in early 2026, removing the legal barrier that had prevented ETHA from termasuk staking at launch.

For a complete breakdown of kripto regulasi in 2026, read our SEC & CFTC kripto regulasi 2026 analisis.

Cara Get ETH Exposure with Higher Yield

While ETHB offers convenience, buying ETH directly on an exchange typically provides higher imbal hasil stakings. Here's cara maximize your ETH returns:

Binance

Binance

20% diskon biaya with TRADEOFF20
  • ETH staking at 3.5-4.5% APY -- higher than ETHB
  • 24/7 trading tanpa market hour restrictions
  • Multiple earn products: Simple Earn, DeFi Staking, Dual Investasi
Daftar di Binance (20% Off)
OKX

OKX

20% diskon biaya with TRADEOFF20
  • On-chain ETH staking with kompetitif APY
  • OKX Earn with flexible and fixed-term products
  • Built-in DEX aggregator for DeFi staking
Daftar di OKX (20% Off)
Use code TRADEOFF20 for 20% off biaya perdagangan on both Binance and OKX

Simpan ETH Anda dengan Aman

If you choose to buy ETH directly rather than through ETHB, securing your assets with a dompet perangkat keras is essential. Hardware wallets keep your kunci privats offline, protecting against hacks and exchange failures.

Lacak ETH & ETHB Anda

Implikasi Pajak

ETHB creates a unique tax situation since it combines price exposure with imbal hasil staking. Here's what investors need to know:

Keuntungan Modal

Selling ETHB shares triggers keuntungan modal tax. Held over 1 year qualifies for long-term rates (0-20%). Under 1 year is taxed as ordinary income (10-37%).

Pendapatan Staking

Staking rewards within ETHB mungkin treated as ordinary income. The IRS belum issued final guidance for staking in ETF wrappers. Consult a tax profesional.

Akun Berkeuntungan Pajak

Holding ETHB in a Roth IRA could make hadiah staking and keuntungan modal bebas pajak. Traditional IRA defers taxes until withdrawal. This is a major advantage over direct crypto ownership.

Reporting

Your brokerage will issue a 1099 form for ETHB, simplifying pelaporan pajak. Direct crypto staking requires manual tracking of every reward event.

Lanskap ETF Kripto di 2026

ETHB is part of a rapidly growing crypto ETF ekosistem. Here's where it fits alongside other major products:

TickerIssuerAssetAUMStakingFee
IBITBlackRockBitcoin$60B+N/A (tanpa staking)0.12%
ETHABlackRockEthereum$12BN/A (tanpa staking)0.25%
ETHBBlackRockEthereum (Di-stake)$100M~3.1% APY0.25%
SOLZVariousSolanaPendingDiperkirakan ~6-7% APYTBD
GAVAGrayscaleAvalanchePendingDiperkirakan ~8% APYTBD

Pertanyaan yang Sering Diajukan

Peringatan Risiko Penting

  • Cryptocurrency investments, including ETFs, are highly volatile and can lose significant value. Kinerja masa lalu tidak menjamin hasil di masa depan.
  • Staking yields are variable and depend on network conditions. The ~3.1% APY cited adalahn estimate and may change over time.
  • ETF shares can trade at a premium or discount to their net asset value (NAV). Anda mungkin not receive the exact value of the underlying ETH.
  • Tax treatment of hadiah staking in ETFs is still being clarified by the IRS. Consult a qualified tax professional.
  • Artikel ini hanya untuk tujuan informasi dan edukasi and does not constitute financial, legal, or investment advice.

Start Earning ETH Hadiah Staking Today

Whether you choose ETHB for convenience or direct staking for higher yields, get started with 20% off biaya perdagangan on Binance and OKX. Stake your ETH and earn pendapatan pasif while supporting the Ethereum network.

Artikel ini hanya untuk tujuan informasi dan edukasi. Ini bukan merupakan saran keuangan, hukum, atau investasi. Investasi mata uang kripto bersifat volatile and can result in loss of principal. Staking yields are variable and not guaranteed. ETF shares may trade at a premium or discount to NAV. Tax treatment of hadiah staking in ETFs dapat berubah. Selalu lakukan riset Anda sendiri and consult qualified professionals sebelum membuat keputusan investasi. Information reflects the status as of March 2026.

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