📢 Attention, crypto enthusiasts! 📢

🔹 BlackRock's head of digital assets, Robert Mitchnick, said that demand for Bitcoin ETFs exceeds demand for Ethereum funds.

🔹 Bitcoin 2024 Conference in Nashville expects 20,000 participants, and ETFs now offer exposure to Bitcoin (BTC) and Ethereum (ETH).

🔹 New Ethereum ETFs reached 79% of the first Bitcoin ETF flows, but later dropped to 16% due to outflows from Grayscale.

🔹 Opinions are divided: will investors reallocate capital from Bitcoin to Ethereum ETF?

🔹 Many believe that ETFs stimulate the launch of new crypto funds in the United States. VanEck has already filed for the Solana (SOL) Trust.

🔹 BlackRock does not yet see demand for ETFs outside of Bitcoin and Ethereum.

💬 Share your opinion in the comments! What do you think is next for the market?