Bloomberg ETF analyst Eric Balchunas posted on social media that "Jay Jacobs, head of BlackRock's US-themed and active ETFs, said at the 'ETFs in Dept' conference that our current exploration of bitcoin, especially Ethereum, is only the tip of the iceberg. Only a few customers hold (IBIT and ETHA), so our current focus is on this area rather than launching new altcoin ETFs."
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BlackRock executives: Currently focusing on Bitcoin and Ethereum ETFs, not launching new altcoin ETFs
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