{"id":134142,"date":"2024-07-26T17:00:56","date_gmt":"2024-07-26T14:00:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134142"},"modified":"2024-07-26T15:18:58","modified_gmt":"2024-07-26T12:18:58","slug":"blackrock-doubts-demand-for-solana-etfs-despite-ethereum-approval","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/blackrock-doubts-demand-for-solana-etfs-despite-ethereum-approval\/","title":{"rendered":"BlackRock Doubts Demand for Solana ETFs Despite Ethereum Approval"},"content":{"rendered":"

However, Robert Mitchnick from BlackRock expresses skepticism about this trend. At the Bitcoin 2024 conference, he mentioned that BlackRock\u2019s clients are primarily interested in Bitcoin<\/a><\/strong> and Ethereum<\/a><\/strong>, showing little demand for other cryptocurrencies.<\/p>\n

BlackRock\u2019s Bitcoin ETF, iShares Bitcoin Trust (IBIT), has become the largest Bitcoin ETF since its January launch, holding over $22 billion. Following this, the firm introduced its iShares Ethereum Trust (ETHA), which has seen strong early inflows.<\/p>\n

Despite BlackRock\u2019s cautious stance, other asset managers are pursuing crypto ETFs. VanEck and 21Shares have recently filed for Solana-focused ETFs, and Franklin Templeton has shown interest in Solana<\/a><\/strong> as well.<\/p>\n