Jay Jacobs, the head of U.S. thematic and active ETFs at BlackRock, recently shared some interesting insights about the cryptocurrency market in an interview with The Block. He stated that we may have only scratched the surface in terms of investments in Bitcoin and Ethereum. 🤔

Jacobs pointed out that BlackRock's clients currently hold relatively small amounts in the Bitcoin and Ethereum exchange-traded funds (ETFs) IBIT and ETHA. Therefore, the company will continue to focus on these major cryptocurrencies rather than rushing to launch new altcoin ETFs. This strategy indicates that despite the emergence of many new cryptocurrencies in the market, Bitcoin and Ethereum remain the focal point of investor attention.

For those interested in the cryptocurrency market, this is undoubtedly a signal worth paying attention to. While new cryptocurrencies continue to appear, mainstream coins still hold an important position. For investors, understanding these trends and the movements of large companies may help them make more informed investment decisions.

What do you think the future of Bitcoin and Ethereum will look like? Feel free to share your thoughts in the comments! Let's explore this vibrant market together!