On April 28, according to Block Work, Samara Cohen, chief investment officer of BlackRock ETF and index investment, said in the latest Empire podcast that despite Bitcoin's increased correlation with the stock market, its ETF product IBIT fund outflows were better than expected, showing that Bitcoin is "less volatile in the downtrend and continues to maintain a positive skew in volatility." Cohen also stressed that BlackRock is "very focused on the market tokenization path" and is bullish on its potential to improve capital markets.