TechFlow news, September 23 — According to Cointelegraph, BlackRock has generated $260 million in annual revenue from its Bitcoin and Ethereum ETFs, with Bitcoin ETF contributing $218 million and Ethereum products contributing $42 million.
Leon Waidmann, Research Director at the nonprofit Onchain Foundation, said the profitability of BlackRock's cryptocurrency ETFs could drive more traditional financial giants to launch regulated crypto trading products, serving as a "benchmark" for institutional and traditional pension funds.




