BlackRock's Bitcoin and Ethereum ETFs generate annual revenue of $260 million.
According to news from Hash World, BlackRock has made a profit of $260 million through Bitcoin and Ethereum ETFs in the past year, with the Bitcoin ETF contributing $218 million and the Ethereum product contributing $42 million. The earnings from such cryptocurrency-themed ETFs may drive more large investors in the traditional finance sector to launch regulated cryptocurrency trading products. BlackRock's cryptocurrency ETF has become a benchmark for institutions and traditional pension funds.
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BlackRock's Bitcoin and Ethereum ETFs generate annual revenue of $260 million.
According to news from Hash World, BlackRock has made a profit of $260 million through Bitcoin and Ethereum ETFs in the past year, with the Bitcoin ETF contributing $218 million and the Ethereum product contributing $42 million. The earnings from such cryptocurrency-themed ETFs may drive more large investors in the traditional finance sector to launch regulated cryptocurrency trading products. BlackRock's cryptocurrency ETF has become a benchmark for institutions and traditional pension funds.
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