BlackRock CEO Larry Fink To Share Insights On Bitcoin And Ethereum ETF

David Pokima
March 27, 2024
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
BlackRock Bitcoin ETF Outshines 13,227 Global Rivals

Highlights

  • Larry Fink is tipped to share insights on the crypto market.
  • Crypto users expect updates on spot Ethereum ETFs.
  • Users relish recent traditional investments in crypto.

BlackRock CEO Larry Fink is tipped to share insights on the cryptocurrency market and wider macroeconomic factors in the United States market. 

In a March 27 post on X (formerly Twitter),  FOX Business Eleanor Terrett informed the community about Fink’s appearance to discuss developing market updates. 

“GM! We will have #crypto’s favorite renaissance man, @BlackRock CEO Larry Fink, on with @LizClaman and @CGasparino today at 3 PM EST on @FoxBusiness. Tune in!” 

Crypto users have suggested an analysis of the trending spot Bitcoin and anticipated Ethereum ETFs in the United States as the market rebound continues. Others talked about getting their portfolio in one hand waiting for the bull run around to assets. Amidst the frenzy, X user @afealdemir jokes about the SEC and Ripple case in light of recent revelations.

We at the SEC will be tuning in and we would like to issue an official warning… If Larry or Charlie talk about our demand of 2 billion being “a bit out there”, we will increase our request tenfold! We will also declare Fox News as an unregistered security.” 

Advertisement
Advertisement

The State of Bitcoin and Ethereum ETFs 

Spot Bitcoin and Ethereum ETFs will be a major talking point following BlackRock’s ETF approval and the trending events last year. The largest asset manager applied for a spot in Bitcoin ETF last year, a move that attracted several traditional investors to the market. 

Fink has since commented positively on the crypto market with clients demanding assets from various jurisdictions. This year, investor appetite for Bitcoin investment products has skyrocketed pushing the asset’s price above $70,000. The total yearly net inflows to Bitcoin products stand at $11.9 billion spiking Assets Under Management (AUM) to $68 billion.

Advertisement
Advertisement

BlackRock’s Ethereum ETF Delays 

Ethereum ETFs on the other hand remain pending with firms like BlackRock aiming to have a new investment window tied to the leading altcoin. The recent success of spot Bitcoin ETFs led industry executives to tip Ethereum as the next hotspot for crypto-based ETFs.

BlackRock filed its Ethereum ETF application in November and was included in the recent delays by the Securities and Exchange Commission (SEC). The financial regulator’s biggest concern may be the staking nature of the network. Last year, the SEC fined Kraken over staking as it continued its bottleneck regulation on the market. 

BlackRock’s CEO may give insights on the recent state of Ethereum’s ETF as well as key developments in the financial market.

Read Also: XRP Spot ETF To Be Approved Before Ethereum ETF, Valkyrie CIO Predicts

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.