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BlackRock Rakes in $260M from Bitcoin and Ether ETFs as Wall Street Floods In

BlackRock’s Bitcoin and Ether ETFs are now bringing in more than 260millionannually,accordingtofiguressharedbyLeonWaidmann,headofresearchattheOnchainFoundation(formerlytheLiskFoundation).Inlessthantwoyears,BlackRocksETFshaveearnedaquarterbilliondollars,with260 million annually, according to figures shared by Leon Waidmann, head of research at the Onchain Foundation (formerly the Lisk Foundation). In less than two years, BlackRock’s ETFs have earned a quarter-billion dollars, with 218 million from Bitcoin products and $42 million from Ethereum products. According to Waidmann, “this isn’t experimentation anymore. The world’s largest asset manager has proven that crypto is a serious profit cen ...