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BlackRock CIO Dismisses Plans for Solana ETF, Focuses on Bitcoin and
Ethereum
Samara Cohen, BlackRock's Chief Information Officer, recently told Bloomberg that the financial giant has no plans to launch a Solana exchange-traded fund (ETF) in the near future.
"We really look at the investability to see what meets the criteria and the bar to be delivered in an ETF. For us right now, both between investability considerations and what we hear from our clients, Bitcoin and Ether definitely meet that bar," Cohen said in response to a question about potential altcoin ETFs.
The BlackRock CIO added that it "would be a while" before investors could expect anything else from the financial giant.
#BlackRock #Solana #ETF #Bitcoin #Ether #Investing #FinanceNews
BlackRock CIO Dismisses Plans for Solana ETF, Focuses on Bitcoin and
Ethereum
Samara Cohen, BlackRock's Chief Information Officer, recently told Bloomberg that the financial giant has no plans to launch a Solana exchange-traded fund (ETF) in the near future.
"We really look at the investability to see what meets the criteria and the bar to be delivered in an ETF. For us right now, both between investability considerations and what we hear from our clients, Bitcoin and Ether definitely meet that bar," Cohen said in response to a question about potential altcoin ETFs.
The BlackRock CIO added that it "would be a while" before investors could expect anything else from the financial giant.
#BlackRock #Solana #ETF #Bitcoin #Ether #Investing #FinanceNews