BlackRock Sees Strong Client Demand for Bitcoin, Muted Interest in Other Cryptos

• BlackRock clients have little interest in crypto beyond Bitcoin and a small amount of demand for Ethereum • Demand for other cryptos like dogecoin is "very, very little" among BlackRock clients • BlackRock launched a Bitcoin ETF due to consistent client demand, even through bear markets • The Bitcoin ETF has attracted $15B in assets, more than other crypto ETFs • BlackRock recently unveiled an Ethereum-based tokenized asset fund called BUIDL