Thursday, May 9, 2024
Home > Exchanges > BlackRock (BLK) CEO Larry Fink Sees Value in Ether ETF Day After Bitcoin ETF Goes Live

BlackRock (BLK) CEO Larry Fink Sees Value in Ether ETF Day After Bitcoin ETF Goes Live

BlackRock’s iShares Bitcoin Trust (IBIT) was one of the several such products to make its trading debut in the U.S. on Thursday after the Securities and Exchange Commission’s (SEC) approved the funds on Wednesday. IBIT accounted for roughly $1 billion of the total $4.6 billion of trading volume that the ETFs collectively saw.

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