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CryptoMediumUpdated×2•Originally published 14 April 2026•Updated 16 April 2026•

1 min read

BlackRock Taps Galaxy Digital as Validator for Staked Ethereum ETF

Key Facts

1BlackRock named Galaxy Digital as a validator for its staked Ethereum ETF (ETHB).

about 2 months ago

Version History

Version 2about 2 months ago

What changed: The story was updated to include significant capital inflows into BlackRock's Bitcoin ETFs, indicating broader institutional momentum across its digital asset suite.

Version 1about 2 months ago

What changed: BlackRock significantly reduced its Ethereum staking fees from 25% to 18% to capture more market share.

BlackRock has integrated Galaxy Digital as a validator for its staked Ethereum ETF (ETHB) while slashing staking fees from 25% to 18% to bolster its competitive edge. This expansion coincides with significant momentum in the broader crypto space, as Bitcoin ETFs recorded $186 million in total inflows, primarily driven by a $292 million investment into BlackRock's offerings. As of April 8, 2026, the ETHB fund's assets under management have surpassed $435 million, underscoring robust institutional demand. These substantial capital inflows signal growing confidence in cryptocurrency markets and BlackRock's pivotal role in bridging traditional finance with digital assets. By lowering costs and securing institutional-grade partnerships, BlackRock is aggressively positioning itself to dominate the digital asset landscape. The collaboration with Galaxy Digital ensures the reliability and security of the fund's yield-generating mechanisms for global investors.