The head of digital assets at BlackRock, Robert Mitchnik, said the Ethereum ETF is unlikely to become more popular than the bitcoin ETF

Time：2024-10-01 04:03 Source：Internet Copy share

He explained that bitcoin is more understandable for many investors, while Ethereum’s investment story is much more complicated.He said BlackRock is actively educating customers to make ETH more attractive to a wide range of investors, but volumes in ETH will probably never be as large as BTC.Mitchnik also noted that while the Ethereum ETF is not yet showing impressive results, the company will continue to work on promoting it, and will also work on developing DeFi and tokenization.

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