BlackRock Appoints Galaxy Digital as Validator for ETHB After $435M AUM

Published at 2026-04-09 21:45:38

BlackRock has added Galaxy Digital to the validator roster for ETHB, its staked-Ethereum exchange-traded fund, after the fund’s assets surpassed $435 million on April 8. Galaxy Digital will run validator nodes that help convert ETH held by the ETF into staked positions, supporting the product’s yield profile and operational needs.

The move matters because it signals continued institutional appetite for regulated staking exposure and further professionalization of staking infrastructure. Expanding the validator roster can improve resilience and reduce concentration risk for ETHB holders, while also directing more capital into Ethereum’s consensus-layer economics. For market watchers, the milestone underscores growing demand for products that combine familiar ETF wrappers with crypto-native staking mechanics.

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BitMine Immersion Technologies, the Ethereum-focused treasury vehicle associated with Tom Lee, said Thursday it has increased its share buyback authorization to $4 billion and completed an uplisting to the New York Stock Exchange. The moves are aimed at tightening supply and expanding access to institutional investors.

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Published at 2026-04-09 16:15:51

XRP Drops 4% as Selling Pressure Overcomes ETF Inflows

XRP slid about 4% as elevated volume and concentrated selling near resistance outweighed the boost from ETF inflows, signaling weak institutional demand.

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Published at 2026-04-09 05:45:08

Ethereum Foundation to Convert 5,000 ETH to Stablecoins via CoW Swap TWAP

The Ethereum Foundation plans to offload 5,000 ETH into stablecoins using a TWAP execution via CoW Swap, aiming to limit market impact and timing risk.

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Published at 2026-04-08 17:01:14

Ethereum Foundation Converts 5,000 ETH to DAI in $10M Treasury Move

The Ethereum Foundation has begun converting 5,000 ETH—roughly $10 million—into the stablecoin DAI. The transaction appears to be part of a treasury diversification strategy aimed at preserving funding for long-term development.

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Published at 2026-04-08 16:31:26

Ripple Mints 9.9M RLUSD on Ethereum, Treasury Wallet Refilled

Ripple has minted 9.9 million RLUSD on Ethereum, topping up its official RLUSD Treasury wallet after weeks of on-chain RLUSD burns. The move suggests active supply management and renewed liquidity for the token.