PANews reported on March 14 that, according to Cointelegraph, Robert Mitchnick, head of digital assets at BlackRock, said that while some asset management firms are experimenting with more “complex” crypto ETF structures, BlackRock will not make such products its core strategy and will continue to adopt a relatively cautious product portfolio.

In an interview on CNBC's Crypto World program, Mitchnick pointed out that more innovative or "heterogeneous" ETF structures may emerge in the future market, some of which may be popular with investors. However, BlackRock will maintain strict screening when expanding its product line, prioritizing market maturity, liquidity, and real-world application scenarios. Meanwhile, BlackRock launched the iShares Staked Ethereum Trust (ETHB) on Thursday, an Ethereum ETF that supports staking rewards. Data shows that the product saw over $15.5 million in trading volume on its first day of listing, attracting approximately $43.5 million in inflows. This ETF allows investors to obtain additional returns through a staking mechanism while simultaneously capturing potential gains from rising Ether prices.