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
Eliza Labs unveils white paper for $10B AI agent market
SEC Chair Gary Gensler criticises crypto but acknowledges Bitcoin
Bitcoin's low volatility indicates potential price increase in 2025
Italy's Largest Bank Intesa Sanpaolo Bought $1,05 Million in Bitcoin
Trending news
MoreCrypto prices
More
