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BlackRock executive: Currently focusing on exploring Bitcoin and Ethereum ETFs, not launching new altcoin ETFs

BlackRock executive: Currently focusing on exploring Bitcoin and Ethereum ETFs, not launching new altcoin ETFs

Bitget2024/12/13 01:18

Bloomberg ETF analyst Eric Balchunas posted on social media, saying, "Jay Jacobs, the head of BlackRock's US Thematic and Active ETFs said at the 'ETFs in Depth' conference: 'Our current exploration of Bitcoin, especially Ethereum is just the tip of the iceberg. Only a very small number of customers hold (IBIT and ETHA), so our current focus is on this aspect rather than launching new altcoin ETFs.'"

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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.

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