BlackRock CEO Larry Fink said he “sees value” in having a spot Ethereum ETF launching in the U.S. in an interview with CNBC today, following a successful first trading day for the company’s new spot Bitcoin ETF product (IBIT) yesterday.

BlackRock's spot bitcoin ETF (IBIT) reached $1.05 billion in trading volume, surpassing BITO’s $1 billion first-day bitcoin futures ETF volume in 2021. “These are just stepping stones towards tokenization and I really do believe this is where we're going to be going,” Fink added.

“I’m a believer in cryptocurrency as an asset class, not a currency,” Fink continued. “It’s no different than what gold represented over thousands of years,” he said. "Unlike gold, we’re almost at the ceiling of the amount of bitcoin that can be created.”

BlackRock, the world's …