Bitcoin and Ethereum will be the only cryptocurrencies traded via ETFs in the near future, according to Samara Cohen, Chief Investment Officer for ETF and Index Investments at BlackRock, the world’s largest asset manager.
In an interview with Bloomberg TV, Cohen explained that while Bitcoin and Ethereum have met BlackRock’s stringent criteria for exchange-traded funds (ETFs), no other digital asset currently comes close. “We really look at the investability to see what meets the criteria, what meets the bar to be delivered in an ETF,” Cohen said. “Both in terms of investability and also what we hear from our clients, Bitcoin and Ethereum definitely meet that bar, but it will be a while before we see anything else.”
Cohen highlighted that beyond technical challenges in launching new ETFs, the demand for other cryptocurrency ETFs, particularly Solana, is not there…
