“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen.
Digital currency-backed exchange-traded funds will likely make their way into “model portfolios” toward the end of 2024, according to BlackRock’s chief investment officer for ETFs.
In a Bloomberg interview on July 29, BlackRock’s investment chief for ETF and Index Investments, Samara Cohen, was asked about where big wirehouses such as Morgan Stanley, Wells Fargo, and UBS were with onboarding and promoting crypto ETFs.
Cohen noted that the wirehouses are now conducting risk analytics, due diligence, and looking at the roles of Bitoinc (BTC) and Ether (ETH) in their portfolios.
