BlackRock’s ETHB ETF: A Gilded Cage of Staking Rewards & 18% Siphon
BlackRock, that titan of asset management with the soul of a Victorian curator, has filed an amended registration statement for its iShares Staked Ethereum Trust ETF. The document, a labyrinth of legalese, now reveals how staking rewards will be divvied up-a process resembling a sardonic ballet of percentages.



![An adversarial critique mechanism demonstrably enhances performance across all evaluated metrics, with observed improvements reaching statistical significance [latex] (p < 0.05) [/latex].](https://arxiv.org/html/2602.13213v1/Figuers/F8_Metric_Comparison.png)



