BlackRock Sees Low Demand for Non-BTC, ETH ETFs
The Evolution and Future of Bitcoin ETFs: An Exploration At a lavish conference dedicated to cryptocurrencies, discussions surrounding Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) took center stage While larger asset management firms like BlackRock have largely concentrated on Bitcoin and Ethereum due to higher client demand, others like Franklin Templeton are exploring opportunities beyond these giants, venturing into realms like Solana (SOL) In parallel, public sector initiatives are warming up to the idea of investing in cryptocurrency, with Jersey City announcing plans to allocate a part of its pension funds into Bitcoin ETFs This move reflects a growing acceptance of digital assets in mainstream financial strategies Additionally, VanEck's bold prediction places Bitcoin's market cap at a staggering $61 trillion by 2050, underlying the enormous potential seen in this digital currency...
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