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