BlackRock: Focus on Offering Bitcoin and Ether ETFs to Clients Rather Than Launching Torrent ETFs

Jay Jacobs, head of U.S. thematic and active ETFs at BlackRock, reportedly said, ‘We're really just at the tip of the iceberg with respect to Bitcoin and especially Ether, and BlackRock's clients currently own only a small portion of the Bitcoin and Ethereum exchange-traded funds IBIT and ETHA as opposed to launching a new cottage-coin ETF, so that's what we're focusing on.’