BlackRock's Head of Digital Assets Analyzes Limited Demand for Ethereum

Friday, 22 March 2024, 16:05

The head of digital assets at BlackRock, Robert Mitchnick, recently revealed that the financial giant is witnessing only a modest demand for Ethereum from its clients. Mitchnick dispelled misconceptions about BlackRock offering an extensive range of crypto services, emphasizing the current subdued interest in Ethereum. This insight sheds light on the gradual adoption of specific cryptocurrencies in institutional portfolios.

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BlackRock's Analysis on Ethereum Demand

Robert Mitchnick, the asset manager’s head of digital assets, shared insights on the level of demand for Ethereum from clients. He emphasized that there’s a misconception about the extent of services BlackRock offers in the crypto space.

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BlackRock's Analysis on Ethereum Demand

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