BlackRock & Coinbase: The 18% ETH ETF Heist
On the 17th of February, these financial leviathans unveiled their fee structure to the U.S. Securities and Exchange Commission-a document dripping with the ink of exploitation. Investors, poor souls, shall receive a meager 82% of gross staking rewards, while the fund sponsor and its executioner pocket the remaining 18%. And let us not forget the sponsor fee, a yearly levy ranging from 0.12% to 0.25% of the investment value, extracted from the very marrow of the shareholders.






