BlackRock Focuses on Bitcoin and Ethereum ETFs, No Plans for Spot Altcoin ETFs

Q: How long will it take to read this news story?

The story "BlackRock Focuses on Bitcoin and Ethereum ETFs, No Plans for Spot Altcoin ETFs" has 262 words across 26 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "BlackRock Focuses on Bitcoin and Ethereum ETFs, No Plans for Spot Altcoin ETFs" was covered 15 hours ago by BitcoinWorld, a news publisher based in India.

Q: How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news. The outlet is headquartered in India and publishes an average of 32 news stories per day. It's most recent story was published 13 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24399694</li><li>URL: https://beamstart.com/news/blackrock-focuses-on-bitcoin-and-17340974009382</li></ul>

BitcoinWorld 15h ago

BlackRock Focuses on Bitcoin and Ethereum ETFs, No Plans for Spot Altcoin ETFs - BitcoinWorld

Quick Summary:

BlackRock Focuses on Bitcoin and Ethereum ETFs, No Plans for Spot Altcoin ETFs Jay Jacobs, BlackRock’s Head of Thematic and Active ETFs, has confirmed that the investment giant is focusing on its Bitcoin (IBIT) and Ethereum (ETHA) spot ETFs, with no immediate plans to launch new spot altcoin ETFs.

By prioritizing market leaders, the firm aims to solidify its position in a nascent yet promising asset class.

Limited Adoption So Far Why No Spot Altcoin ETFs? 1.