BlackRock Eyes Altcoin ETFs as it Looks to Expand Cryptocurrency Exposure

BlackRock, the world’s largest asset manager, is exploring the creation of exchange-traded funds (ETFs) focused on altcoins like XRP and Solana. This potential move comes as the company seeks to solidify its position in the cryptocurrency market following success with Bitcoin and Ethereum products. Nate Geraci, an expert on ETFs, suggests that BlackRock aims to capitalize on a new wave of opportunity in the growing crypto space.