PANews reported on December 13 that according to Bloomberg ETF analyst Eric Balchunas, Jay Jacobs, head of the US theme and active ETFs at BlackRock, said at the "ETFs in Depth" conference: "Our current exploration of Bitcoin, especially Ethereum, is just the tip of the iceberg. Only a very small number of clients hold (IBIT and ETHA), so our current focus is on this aspect, rather than launching a new altcoin ETF."