TechFlow News, March 16: According to disclosure by independent staking service provider Figment, BlackRock’s iShares Ethereum Trust ETF (ETHB), which offers staking rewards, officially began trading on the Nasdaq on March 12. This marks BlackRock’s first ETF product to provide staking yields. Independent staking service provider Figment has been selected to provide validator node infrastructure services for ETHB.
Figment currently serves over 1,000 institutional clients, including asset management firms, exchanges, wallets, foundations, custodians, and large token holders. Figment stated that this collaboration became feasible due to increasingly clear bipartisan regulatory policies in recent years, which have formally recognized staking as critical infrastructure. Currently, the Ethereum network’s staking participation rate is at a historical high; increased ETH staking enhances the network’s security and stability.
