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According to BlackRock: Crypto ETFs soon to be part of model portfolios

Bitcoin ETFs have been available since January, and Ethereum is also now tradable on the exchange.

By Mike Hesp
• 2 min read
According to BlackRock: Crypto ETFs soon to be part of model portfolios

Bitcoin ETFs have been available since January, and Ethereum is also now tradable on the exchange. By the end of 2024, crypto ETFs should even be included in model portfolios.

If it were up to the Chief Investment Officer for ETFs of BlackRock, Samara Cohen, lies, will Bitcoin- and Ethereum-ETFs will be part of so-called model portfolios by the end of 2024. In an interview with Bloomberg, she stated that major banks are already considering crypto-ETF allocations.

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According to Cohen, Bitcoin and Ethereum are useful for diversifying such model portfolios. These model portfolios value diversification and represent a balanced relationship between risk and return.

With the iShares Bitcoin Trust (IBIT), BlackRock has launched one of the most successful ETFs of all time. Since the inception of the trade investors have invested about US$19.9 billion.

The recently launched Ethereum ETF (ETHA) can also count on inflow worth $500 million.

Why ETH exchange products have disappointed so far, read here: Ethereum ETFs disappoint investors. In addition does BlackRock consider the opportunities on further crypto-ETFs such as Solana, Cardano and the like is small.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.