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BlackRock Executive: Currently focused on Bitcoin and Ethereum ETFs, rather than launching new altcoin ETFs

2024-12-13 08:39:44

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media, "BlackRock's Head of U.S. Thematic and Active ETFs Jay Jacobs stated at the 'ETFs in Depth' conference: 'Our exploration of Bitcoin, especially Ethereum, is still just the tip of the iceberg. Only a very small number of clients hold (IBIT and ETHA), so our current focus is on this area rather than launching new altcoin ETFs.'"

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