BlackRock has launched its iShares Ethereum Staking Trust ETF (ETHB) on Nasdaq, marking its first ETF product to offer staking rewards. Figment, an independent staking service provider, has been selected to supply validator infrastructure services for the ETF. This partnership follows recent bipartisan regulatory clarity recognizing staking as essential infrastructure. Figment serves over 1,000 institutional clients, including asset managers and exchanges. The Ethereum network's staking participation rate is currently at a historical high, enhancing its security and stability.
BlackRock Launches Ethereum Staking ETF with Figment as Validator
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
