BlackRock Claims There's "Little" Demand for Ethereum

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Robert Mitchnick, head of digital assets at BlackRock, claims that the financial giant's clients have little interest in other cryptocurrencies

Robert Mitchnick, head of digital assets at BlackRock, claims that the financial giant's clients have little interest in other cryptocurrenciesAt the same time, there is"very little interest everywhere else," which implies that the investment company is not even considering smaller coins.

Mitchnick has acknowledged that the cryptocurrency community wants to see the financial giant exploring more options, but he says that BlackRock remains mainly focused on Bitcoin. Recently, BlackRock joined the tokenization race by launching a new fund based on the Ethereum network. The fund, which was officially launched earlier this week, makes it possible to earn US dollar yields with the help of blockchain technology.

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