BlackRock executive: Currently focusing on exploring Bitcoin and Ethereum ETFs, not launching new altcoin ETFs
Bloomberg ETF analyst Eric Balchunas posted on social media, saying, "Jay Jacobs, the head of BlackRock's US Thematic and Active ETFs said at the 'ETFs in Depth' conference: 'Our current exploration of Bitcoin, especially Ethereum is just the tip of the iceberg. Only a very small number of customers hold (IBIT and ETHA), so our current focus is on this aspect rather than launching new altcoin ETFs.'"
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