Trump token holders to get another meal with the president and BlackRock staked-Eathe

ETF has a successful debut.

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U.S. President Donald Trump is set to host another Mar-a-Lago lunch for holders of his Trump

token. The top 297 token holders will be invited to attend an event on April 25th at Mar-a-Lago.

The gathering comes just under a year after token holders were invited to a similar dinner

at the same venue.

The previous event drew scrutiny from lawmakers who raised concerns about Trump,

potentially profiting from an industry whose regulators he appointed.

BlackRock's new staked ether ETF, Eth B, launched with more than $100 million in assets

and traded over $15 million on its first day, offering

investors exposure to Ethereum, along with staking rewards. Unlike traditional spot crypto

ETFs, the fund stakes 70 to 95% of its ether holdings and distributes about 82% of the

staking rewards to investors through monthly payouts. The ETF charges a 0.25% sponsor fee, temporarily discounted to 0.12% on the first $2.5 billion

in assets.

Bloomberg Intelligence Senior Research Analyst James Safer called the launch a, quote,

pretty good start for an ETS.

And a crypto trader lost about $50 million in the single transaction after executing a large

token swap that triggered extreme slippage.

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