BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
BlackRock may have just reopened the case for earning yield in crypto, reframing ETH as yield plus price exposure.
The index tracks the seven largest US technology companies, Coinbase's own stock, and BlackRock's Bitcoin and Ethereum ETFs.
Before this surge, Ethereum ETFs had recorded negative $400 million year-to-date flows, amounting to approximately $2.5 billion.
BlackRock is a global investment management firm and one of the largest asset managers in the world, with a growing presence in digital assets and blockchain related financial products.
