Solana added nearly 5% gains on the day, up to $179. Asset management giant BlackRock does not see much interest among clients in crypto ETFs beyond Bitcoin and Ethereum.
Crypto traders are optimistic that spot Ether ETF approval has paved the way for Solana , XRP, and other assets. BlackRock head of digital assets said at the Bitcoin Conference that there is very little interest beyond BTC and Ether. Bitcoin sustains above $67,000, and Ethereum hovers above $3,200 on Friday. While crypto traders consider spot Ethereum ETF approval as the first step towards other crypto assets, the statement from an executive at the asset management firm has caused uncertainty.
Mitchnick was quoted as saying: “Our client base today, their interest overwhelmingly is in Bitcoin first, and then somewhat in ETH… and there’s very little interest today beyond those two. I don’t think we’re gonna see a long list of crypto ETFs”. The asset management giant launched its spot Bitcoin and Ethereum ETFs in January and July of this year, respectively. The opinion is, however, limited to BlackRock, while Franklin Templeton’s recent tweet ignited hope among traders for a Solana ETF.
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