❌ Don't expect large inflows into ETF-ETH
The inflow of funds into the recently launched Ethereum-based ETF turned out to be significantly lower than its Bitcoin counterparts. BlackRock's head of digital assets Robert Mitchnick believes that the situation will not change anytime soon.
"With ETH, I think the investment story and narrative is a little more difficult for many investors to digest, which is why we are so committed to the educational journey that we take with our clients," he noted.
Overall, he called the launch of ETF-ETH a success.
