BlackRock is concentrating on Bitcoin and Ethereum as the U.S. crypto ETF market anticipates a wave of new products. Matt Kunke from BlackRock indicated that the firm is not planning to launch additional spot crypto ETFs beyond its current Bitcoin and Ethereum offerings, attributing this decision to client demand. Meanwhile, 21Shares' Mandy Chiu highlighted their approach of assessing crypto ETPs based on investment cases rather than asset class distinctions. With over 90 crypto ETP applications under review, the market is poised for significant expansion, but BlackRock will focus on education and marketing for its leading assets.
BlackRock Prioritizes Bitcoin and Ethereum in Crypto ETF Strategy
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