BlackRock’s Robert Mitchnick stated that Bitcoin and Ethereum are the only cryptocurrencies with significant investor demand. Despite Bitcoin’s price decline, BlackRock’s IBIT Bitcoin ETF had $26 billion in inflows in 2025. The launch of BlackRock’s ETHB staked ether ETF aims to add yield to ether exposure. Bitcoin and Ethereum dominate investor allocation decisions, with Ethereum being seen as a technology-centric bet. Long-term investors are the main drivers of Bitcoin and Ethereum ETF flows, with retail investors and financial advisors leading the demand. BlackRock continues to evaluate other crypto assets but focuses on Bitcoin and Ethereum due to overwhelming investor interest.

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