BlackRock focuses on Bitcoin and Ethereum ETFs and expects to launch more asset portfolio strategies in the future
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2024-12-13 19:03 2,174
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Golden Finance reported that according to Bloomberg senior ETF analyst Eric Balchunas, Jay Jacobs, head of BlackRock’s ETF department, said at the “ETFs in Depth” conference that the current Bitcoin and Ethereum ETFs have only touched the tip of the iceberg, and only have a very small number of them. A small number of clients hold IBIT and ETHA ETFs. He said that the company will focus on expanding the coverage of these two types of ETFs rather than launching new altcoin ETFs.
He said the company will focus on expanding the coverage of these two types of ETFs rather than launching new altcoin ETFs. In addition, Tidal’s Mike Venuto said that he often receives proposals for “Bitcoin + other assets” portfolio ETFs and expects future ETF strategies to be linked to assets such as Bitcoin, Nvidia, Tesla, and MicroStrategy.