BlackRock made a statement regarding investor demand for spot Bitcoin ETF products.
Recently approved by the SEC, BlackRock US Head of iShares Product Rachel Aguirre told Bloomberg TV on January 17. iShares spot Bitcoin ETF (IBIT) their productsn attracts investors from all bases he stated.
Since the regulator’s approval on January 10 both corporate and individual Stating that investors showed great interest in spot Bitcoin ETFs, Aguirre explained in the details of his statement: There are investors selling Grayscale’s GBTC fund and turning to their own spot Bitcoin funds. He also hinted with these words:
We receive interest from both individuals and investors who manage their own assets. Especially among these investors, there are those who are ready to invest from the first day. But we are also focused on investors who are just starting to look at this new asset class. And we’re very excited about it.
In the continuation of his statement, he told his customers: They will provide training on Bitcoin and ETF products. The manager stated that they accelerated the work on this issue and thus A more informed investor portfolio He noted that they could create:
What I will say is, again, for our clients, we’re focused on understanding what educational needs they have that support them throughout their investment journey and empowering them to make the financial decisions that are right for them.