Coin Edition
2024-10-01 08:15:00

BlackRock: Ethereum’s Complexity Impacts ETHA ETF Growth

BlackRock’s Ethereum ETF, ETHA, is significantly underperforming compared to its Bitcoin ETF, IBIT. Robert Mitchnick, BlackRock’s head of digital assets, acknowledged this at the Messari Mainnet conference in New York. He attributed ETHA’s slower asset growth to the more complex investment narrative surrounding Ethereum. Launched in July, ETHA reached $1 billion in assets under management The post BlackRock: Ethereum’s Complexity Impacts ETHA ETF Growth appeared first on Coin Edition .

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