BlackRock's Head of Digital Assets Robert Mitchnick Says Ethereum ETF Is Unlikely to Overtake Bitcoin ETFs.
•He explained that Bitcoin is more understandable to many investors, while Ethereum's investment story is much more complex.
•He said BlackRock is actively educating clients to make ETH more attractive to a wider range of investors, but ETH volumes will likely never be as large as BTC.
•Mitchnick also noted that while the Ethereum ETF hasn't shown impressive results yet, the company will continue to work on promoting it, as well as working on the development of DeFi and tokenization.
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