Coin-Turk 15 minutes ago
41
The head of BlackRock’s exchange-traded funds (ETF) division highlighted that the demand for Bitcoin (BTC) 
$103,223 and Ethereum (ETH) 
$3,906 ETFs is still in its early stages. According to Bloomberg ETF analyst Eric Balchunas, BlackRock executive Jay Jacobs stated that they are concentrating on BTC and ETH ETFs instead of alternative crypto ETFs.
BlackRock’s Focus Area
Jacobs remarked, “We are really just at the tip of the iceberg with Bitcoin and especially Ethereum. Only a small fraction of our clients hold IBIT and ETHA, so we are focusing on these instead of launching new altcoin ETFs.” The related ETFs currently make up only a small part of customer portfolios.
License.Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet
