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BlackRock Eyes Potential in Spot Ethereum ETF Despite Slower Uptake

BlackRock Eyes Potential in Spot Ethereum ETF Despite Slower Uptake

Key Points

  • ETHA, BlackRock’s spot Ethereum ETF, reached $1 billion in assets under management (AUM) but hasn’t matched the rapid growth of its Bitcoin counterpart, IBIT.
  • BlackRock’s Bitcoin ETF quickly accumulated $2 billion in AUM, outperforming ETHA.

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