EthicsPrivacyTerms of Use

Disclosure & Policies: ND MAGAZINE covers digital culture, internet communities, and onchain markets. Our editorial team operates independently, and contributors may hold digital assets or participate in projects discussed on this site. Opinions published here are for information and commentary, not investment advice. Policy questions and editorial requests can be sent to contact@ndmag.xyz.

© 2026 NDD INC. All rights reserved.

←Back
NewsEthereum

BlackRock Sees Client Interest Shift Toward Ethereum

BlackRock says client demand is expanding from Bitcoin toward Ethereum as digital asset exposure matures.

CreatorND Magazine
DateMar 25, 2024

"Bitcoin is overwhelmingly the No. 1 interest for our clients, and we're seeing a little bit of interest in Ethereum," Michenick said at the Bitcoin Investor Day conference in New York. BlackRock received approval to launch a Bitcoin ETF in January, sparking optimism for the digital asset market.

BlackRock's Bitcoin fund proved so popular that it became one of the top five ETFs in the market, amassing $15 billion in assets within two months of launch. BlackRock says it decided to launch a Bitcoin ETF because clients have consistently expressed interest in Bitcoin, both in bull and bear markets.

Clients were also "frustrated" with the difficulty of investing in Bitcoin, Michenick added. Asked if BlackRock has any plans to launch an ETF related to the meme coin dogwifhat (WIF), Michenick said he doesn't know what it is and dismissed a misconception in the crypto space that BlackRock will offer a range of services in the long term.

This content is for information and commentary only and is not investment advice.

Join the reader conversation

Read reactions to this article and leave your own note.

Related stories

Zero Network Shuts Down, Harsh Restructuring of the Ethereum Layer 2 Market

Zero Network, an Ethereum Layer 2 solution developed by Zerion, has announced its shutdown. This is interpreted as a result of the monopoly where the top three networks occupy 90% of the market, combined with liquidity depletion following a recent major security incident.

May 22, 2026, 12:00 AM

Former Ethereum Foundation Developer Dankrad Feist Proposes New $1 Billion Advocacy Group

Former Ethereum Foundation researcher Dankrad Feist has proposed establishing a new advocacy group by raising $1 billion in capital to strengthen market competitiveness and practical business expansion. This unconventional move comes amid growing community dissatisfaction with the Ethereum Foundation's research-oriented stance and market performance.

May 22, 2026, 12:00 AM

Ethereum Community's Identity Crisis Deepens Amid Departure of Key Personnel

In May 2026, a series of resignations by key developers at the Ethereum Foundation is making the leadership vacuum within the ecosystem a reality. As Solana overtakes its developer market share and the technical roadmap faces delays, Ethereum stands at an existential crossroads.

May 22, 2026, 12:00 AM