Speaking with Bloomberg TV on Wednesday, BlackRock Head of U.S. iShares Product Rachel Aguirre said the firm was seeing inflows into its new spot bitcoin ETF product (IBIT) from all kinds of investors.

Asked whether the flows into IBIT were coming from Grayscale’s GBTC product, Aguirre replied the firm is seeing "interest from both retail and self-directed investors," adding that there were investors "who were ready to invest on day one.”

“But we're also focused on those investors who are just now beginning to look at this new asset class. And we're very excited about that,” she added.

Aguirre didn't comment on whether BlackRock’s model portfolios would include bitcoin allocations in the weeks and months ahead. However, the firm is focused on educational efforts for clients and …