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BlackRock executive: Currently focused on exploring Bitcoin and Ethereum ETFs rather than launching new counterfeit products

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2024-12-13 00:35:04
Eric Balchunas, an ETF analyst at Bloomberg, said in a social media post: "Jay Jacobs, BlackRock's head of US themed and active ETFs, speaking at the ETFs in Depth conference, said:" Our current exploration of Bitcoin and Ethereum in particular 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 rather than launching new counterfeit products ETFs. "
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