BlackRock's Top Cryptocurrency Picks for 2024
Friday, 26 July 2024, 15:08
BlackRock's Perspective on Cryptocurrency Investments
During the recent Bitcoin 2024 conference, investment management firm BlackRock shared its views on the current state of cryptocurrencies. The company reported very little interest in crypto ETFs that are not linked to Bitcoin (BTC) or Ethereum (ETH).
Key Takeaways
- BlackRock evaluates the cryptocurrency landscape.
- Only BTC and ETH are seen as worthwhile investments.
- Overall interest in other crypto ETFs remains low.
Ultimately, this indicates a strong preference for established cryptocurrencies and may guide investor choices in 2024.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.