BlackRock focuses on Bitcoin and Ethereum ETFs, expects to launch more asset combination strategies in the future

According to Bloomberg senior ETF analyst Eric Balchunas, Jay Jacobs, head of BlackRock's ETF department, stated at the "ETFs in Depth" conference that the current Bitcoin and Ethereum ETFs only scratch the surface, with very few clients holding IBIT and ETHA ETFs.

He mentioned that the company will focus on expanding the coverage of these two types of ETFs, rather than launching new altcoin ETFs. Additionally, Tidal's Mike Venuto stated that he frequently receives proposals for "Bitcoin + other assets" combination ETFs and expects future ETF strategies to be linked to assets such as Bitcoin, Nvidia, Tesla, and MicroStrategy.