BlackRock Executive Highlights Interest in Bitcoin and Ethereum ETFs 🚀
According to Odaily, Jay Jacobs, head of thematic ETFs and assets at BlackRock in the United States, emphasized the company's interest in Bitcoin and Ethereum during the 'ETFs in Depth' conference. Jacobs described this exploration as 'the tip of the iceberg', noting that only a small number of clients currently hold Bitcoin (IBIT) and Ethereum (ETHA) ETFs. The company is focusing on these areas instead of launching new altcoin ETFs.
This strategic focus reflects BlackRock's commitment to leading cryptocurrencies, prioritizing the development and understanding of Bitcoin and Ethereum products. What do you think about this strategy from BlackRock? 🤔📊💰
