ETHGas has introduced a blockspace futures market on Ethereum, securing $800 million in initial investment commitments. This new platform is designed to mitigate gas price volatility and enhance staking yields for users. Additionally, ETHGas has successfully closed a $12 million seed funding round, led by Polychain Capital. The initiative aligns with Ethereum co-founder Vitalik Buterin's vision for gas futures, marking a significant development in the Ethereum ecosystem.