Blackrock iShares Bitcoin Trust ETF (IBIT) signage at the Nasdaq MarketSite in New York, US, on Thursday, Jan. 11, 2024. Bitcoin surged past $49,000 for the first time since December 2021 with trading commencing on the first US exchange-traded funds that invest directly in the biggest cryptocurrency. Photographer: Michael Nagle/Bloomberg

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Asset managers hoping to seize on the momentum of bitcoin funds are jockeying to put smaller tokens into exchange-traded funds.

Crypto

Reporter

Bitcoin went mainstream in 2024 thanks to the roaring launch of the first U.S. exchange-traded funds to hold the cryptocurrency and 

’s surprise embrace of digital assets. Some investors are skeptical that smaller tokens such as solana and XRP will follow the same path. 

 since Election Day on hopes that a second Trump administration will usher in 

Bitcoin Went Mainstream in 2024. Are Ether, Solana and Other Risky Tokens Next?

Asset managers hoping to seize on the momentum of bitcoin funds are jockeying to put smaller tokens into ETFs

Vicky Ge Huang

BlackRock

iShares Bitcoin Trust

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