BlackRock’s Ethereum Staking ETF Selects Figment as Validator Node Provider

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BlackRock’s iShares Staking Ethereum Trust ETF (ETHB) launched on Nasdaq on March 12, 2026. The fund is BlackRock’s first offering to include staking rewards. Validator node provider Figment was selected to supply infrastructure for ETHB. Figment supports over 1,000 institutional clients. The EVM (Ethereum Virtual Machine) underpins the network’s smart contracts. Bipartisan regulatory clarity enabled the collaboration. Ethereum’s staking participation rate has reached a record high, enhancing network security.

According to independent staking service provider Figment, iShares Ethereum Staking Trust ETF (ETHB), managed by BlackRock, officially began trading on Nasdaq on March 12, marking BlackRock’s first ETF product to offer staking rewards. Figment has been selected to provide the validator infrastructure services for ETHB. Figment currently serves over 1,000 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders. Figment noted that this partnership was made possible by the recent clarity in bipartisan regulatory policies, which have formally recognized staking as critical infrastructure. The current staking participation rate on the Ethereum network is at a historical high, and increased ETH participation in staking enhances the network’s security and stability.

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