BlackRock's recently launchedEthereum ETF(NASDAQ:ETHA) is seeing significantly lower volume and inflows compared to its Bitcoin counterpart. The company's head of digital assets,Robert Mitchnick, doesn't anticipate that gap closing anytime soon.

What Happened: Speaking at the Messari Mainnet conference in New York, Mitchnick acknowledged that ETHA's performance has been "underwhelming" relative to BlackRock's Bitcoin ETF, Fortune reported.

However, he urged investors to maintain perspective.

"It's very rare that you see an ETF get to a billion AUM in seven weeks, as ETHA did," Mitchnick noted. "In most cases, it takes multiple...