BlackRock Claims There's "Little" Demand for Ethereum

Robert Mitchnick, head of digital assets at BlackRock, claims that the financial giant's clients have little interest in other cryptocurrenciesAt the same time, there is"very little interest everywhere else," which implies that the investment company is not even considering smaller coins.

Mitchnick has acknowledged that the cryptocurrency community wants to see the financial giant exploring more options, but he says that BlackRock remains mainly focused on Bitcoin. Recently, BlackRock joined the tokenization race by launching a new fund based on the Ethereum network. The fund, which was officially launched earlier this week, makes it possible to earn US dollar yields with the help of blockchain technology.

Samson Mow Makes Important Bitcoin ETF Warning, Litecoin Gets Major Core Upgrade, Leading Exchange Widens BONE's Trading Options: Crypto News Digest by U.TodaySHIB Price Prediction for March 22 Samson Mow Makes Important Bitcoin ETF Warning, Litecoin Gets Major Core Upgrade, Leading Exchange Widens BONE's Trading Options: Crypto News Digest by U.Today

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital AssetsHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

BlackRock Pivots to RWA, With Planned Ethereum Tokenized Asset FundCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

BlackRock Enters Asset Tokenization Race with New Fund on the Ethereum NetworkKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »