Posted 3/22/2024, 9:30:00 PM
BlackRock Sees Surging Demand for Bitcoin ETF, Little Interest in Ethereum
- BlackRock says client interest overwhelmingly focused on Bitcoin, not Ethereum
- Head of Digital Assets indicates little demand for a potential Ethereum ETF
- This contrasts with surging interest and assets for BlackRock's Bitcoin ETF
- BlackRock previously launched $100M Ethereum fund but faced issues like unwanted tokens
- Incident highlighted legal and operational hurdles in embracing blockchain technology
