ETF Investors Show Unexpected Holding Power, Surprising Industry Veteran
Joseph Chalom, co-CEO of Sharplink Gaming and a former BlackRock executive, has expressed surprise regarding the strong holding patterns observed among investors in Bitcoin and Ethereum exchange-traded funds (ETFs).
A New Trend in Digital Asset Investment
Over a year after their introduction, the performance of BlackRock’s Bitcoin and Ethereum ETFs has reportedly exceeded previous expectations, particularly concerning investor behavior. Chalom, who previously led BlackRock’s digital assets strategy, noted that the tenacity of these ETF holders was particularly striking.
Beyond Inflows: Investor Behavior is Key
With two decades of experience at BlackRock, a prominent financial institution managing over $10 trillion in assets, Chalom has witnessed numerous market cycles. However, the sheer volume of inflows and extensive media coverage surrounding the crypto ETFs were not the primary points of surprise. Instead, it was the persistent holding strategy demonstrated by investors after committing their capital that truly stood out.
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