[Analyst: BlackRock launched a standalone staking-based Ethereum ETF to avoid increasing punitive impairment risks] Deep Tide TechFlow reports that on March 15, DeFi researcher Ingas posted on the X platform stating that BlackRock's staking-based Ethereum exchange-traded fund (ETHB) attracted approximately $46 million in inflows within just two days of its launch. The fund holds spot ETH and stakes 70%-95% of its ETH through Coinbase, allowing investors to receive approximately 82% of staking rewards in cash monthly. The fund does not perform compounding operations, which may appeal to 'whale' investors looking to live off the returns. The remaining 18% of rewards are retained by BlackRock and Coinbase. Ingas noted that BlackRock launched a standalone staking-based Ethereum ETF instead of adding staking functionality to its existing Ethereum exchange-traded fund (ETHA) because staking increases punitive impairment risks, which some investors wish to avoid.