BlackRock's Chief Investment Officer Weighs In: Bitcoin vs. Ethereum - Settling the Controversy
Unleashing the Bitcoin Boom: BlackRock's Institutional Bet
As BlackRock surges into the digital asset realm in 2025, the gap between Bitcoin and Ethereum in institutional adoption becomes increasingly evident. During an interview on the Empire podcast, Samara Cohen, Senior Managing Director and Chief Investment Officer of ETF and Index Investments at BlackRock, shed light on the firm's perspective regarding the two leading crypto assets, unveiling why Bitcoin far outpaces Ethereum in client demand and portfolio integration.
BlackRock's groundbreaking launch of the iShares Bitcoin Trust (IBIT) signaled a turning point in the firm's digital asset strategy. "It was the investment thesis, client demand, market structure, and the regulatory backdrop," Cohen explained, emphasizing that client demand played a substantial role. Cohen underscored that regulatory approval was merely the aftermath of BlackRock's decisive intention to give investors access to Bitcoin as part of diversified portfolios.
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The launch of IBIT wasn't BlackRock's initial foray into Bitcoin. In 2022, the firm unveiled a private Bitcoin trust for institutional clients, marking a significant internal milestone. "We didn't delve into actual Bitcoin until we launched the institutional product in 2022," Cohen stated. This strategic step marked BlackRock's first hands-on experience with Bitcoin, enabling them to refine workflows, risk management, and systems.
The demand for Bitcoin surprised many, with IBIT becoming the most successful ETP launch in history. According to Cohen, approximately half of IBIT's holders are self-directed investors who purchased their first ETP to own Bitcoin in a secure wrapper.
Bitcoin vs. Ethereum
这比比esse Bitcoin和Ethereum在行业采用上形成了
- Beyond the Bitcoin Boom, BlackRock's digital asset strategy is fostering a decentralized finance environment, with the iShares Bitcoin Trust (IBIT) setting a new standardized approach for investments in digital assets.
- Factoring in the empirical evidence, it's a known fact that Bitcoin far outpaces Ethereum in client demand and portfolio integration, as evidenced by the success of IBIT.
- Looking back to the regulatory backdrop, BlackRock's decisive move to launch IBIT in 2025 was motivated by the investment thesis, market structure, and substantial client demand.
- The demand for Bitcoin has surpassed expectations, with the launch of IBIT marking the most successful ETP launch in history, making it accessible to 459 institutional and self-directed investors seeking secure holding of the digital gold 2.0.
