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BlackRock's Ethereum Staking ETF is now officially trading, currently at $26.31

2 hours ago

March 12 – Per Bitget data, BlackRock’s Ethereum Staking ETF (ETHB) has officially launched on Nasdaq. As of March 12, the fund trades at $26.31, with $4.6 million in total trading volume recorded since its debut. The fund holds spot Ethereum, with a portion of its assets allocated to on-chain staking. This structure lets investors earn staking rewards while gaining exposure to ETH’s price movements. ETHB is BlackRock’s third cryptocurrency ETF and its first product to integrate a staking mechanism. BlackRock noted that adding staking is intended to meet investors’ demand for yield alongside ETH price exposure, while preserving the ETF’s traditional financial advantages in custody, trading, and asset allocation.
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Probability of Backpack Token FDV Surpassing 3 Billion U.S. Dollars on First Day of Trading is 64%

**March 13: Backpack Token FDV Probabilities on Polymarket Rise** As of March 13, Polymarket data shows the probability of Backpack’s token hitting a fully diluted valuation (FDV) above $3 billion on its first trading day has climbed to 64%. The platform also pegs the likelihood of the token’s FDV exceeding $5 billion on launch day at 30%. Backpack previously announced its token generation event (TGE) is scheduled for March 23.

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Santiment: Surge in USDT Active Addresses on BNB Chain Typically Accompanies Bitcoin Rebound

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Backpack announces TGE on March 23.

On March 13, per official sources, crypto exchange Backpack announced it will host its Token Generation Event (TGE) on March 23.

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Claude launches interactive chart and graph functionality, buildable within chat

On March 13, Claude announced the ability to build interactive charts and graphs directly within its chat interface. The feature is currently in beta and available to all plans—including the free tier.

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Ethena adjusts sUSD Unstake Mechanism: Cooling-off Period switched to dynamic mode, with the shortest length reduced to 1 day

On March 13, Ethena announced that the unstaking cooldown period for sUSDe will shift to a dynamic mechanism tied to the amount of liquid stablecoins in the USDe reserve. This means the fixed 7-day unstaking period for sUSDe—active since the project’s launch—will be cut to just 1 day. Going forward, the cooldown will dynamically range between 1 and 7 days based on the mix of liquid assets in the USDe reserve.

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International Oil Price Retreats After Earlier Gain; Iranian Deputy Foreign Minister Says Some Ships Allowed to Pass Through Hormuz

March 12 — Data from Bitget shows international oil prices have pared gains, with WTI and Brent crude trimming their increases to 7.4% and 5.9% respectively, settling at $95.06/bbl and $96.94/bbl. Earlier, Iran’s Deputy Foreign Minister noted: “Iran previously allowed some vessels to transit the Strait of Hormuz. We did not place mines in the Strait of Hormuz.”

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