Oh this BlackRock🤑
In a world where every second tweet screams about cryptocurrencies, BlackRock seems to be immune to the hysteria. Robert Mitchnick, head of digital assets, notes with slight sarcasm that BlackRock clients prefer good old Bitcoin, but Ethereum? Well, it’s like that relative who is remembered only on holidays. And when it comes to meme coins like Dogwifhat, Mitchnick didn't even bother to find out what they were. Apparently, BlackRock believes that cryptocurrencies are nothing more than a fashion accessory that will soon go out of fashion.
But don't forget that BlackRock doesn't just criticize - they act. Their Bitcoin Fund (IBIT) caught the attention of investors, raising $15 billion and breaking into the top 5 ETFs. Perhaps it was thanks to their conservative approach to asset selection that they achieved such success. And although they recently introduced a tokenized asset fund on Ethereum, make no mistake - this is not a change in course, but rather an expansion of the portfolio. After all, even the most staunch skeptics can't ignore cryptocurrencies when they're profitable#HotTrends #binance #ETH✅ $ETH $ETHFI $BTC