BlackRock executives: Currently focusing on Bitcoin and Ethereum ETFs, not launching new altcoin ETFs
Bloomberg ETF analyst Eric Balchunas posted on social media that "Jay Jacobs, head of BlackRock's US-themed and active ETFs, said at the 'ETFs in Dept' conference that our current exploration of bitcoin, especially Ethereum, is only the tip of the iceberg. Only a few customers hold (IBIT and ETHA), so our current focus is on this area rather than launching new altcoin ETFs."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
High-Priced Cryptos in 2024: Top Digital Assets by Value
2024’s Emerging Crypto Stars: 5 Coins Every Trader Should Watch Now
Michael Sonnenshein Joins Securitize to Lead Tokenization Expansion
Bitcoin Hits $100K as Miners Earn $71.49 Billion in Historic Milestone
Trending news
MoreCrypto prices
More
