According to BlockBeats, on December 25, Jay Jacobs, head of thematic and active ETFs at BlackRock in the United States, said, "For Bitcoin, especially Ethereum, we are really just at the tip of the iceberg. Relative to launching new altcoin ETFs, BlackRock's clients currently only own a small portion of Bitcoin and Ethereum exchange-traded funds IBIT and ETHA, so this is our focus."