World Giant BlackRock Declares Bitcoin as Number One: We Don’t Focus on Altcoins!

BlackRock, one of the world’s largest asset managers, stated that “Bitcoin is the number one priority.” Journalist Eleanor Terrett shared on March 22nd that, BlackRock Digital Asset Manager Robert Mitchnick’s remarks. According to the shared content, Robert Mitchnick stated that their clients primarily prefer Bitcoin and then a small amount of Ethereum. While the actors in the crypto sector want to see BlackRock operate specifically in terms of other altcoins, the executive stated that this is not their priority, and signaled that there would be no further crypto ETF applications following the spot Ethereum ETF: For our clients, Bitcoin is overwhelmingly the number one priority. And then a little Ethereum, and very little of everything else. The crypto community wants to see BlackRock involved in other crypto products. But that’s not where our focus is.