#BlackRock might have to kiss its BTC dreams goodbye and stick to old-school investments.
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"Uh-oh! ๐
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If BTC crashes to $10,000, BlackRock might have to shut down its BTC ETF. But hey, why is BlackRock buying BTC? ๐ค
Because regular folks believe in it, not just big institutions! ๐
But if retail investors can't make bank in this bull run, they'll bail on crypto, thinking it's just a rigged game by big shots. ๐
And guess what? Other institutions might start selling too! ๐ฑ So, if a massive market dump happens, not only BlackRock but also BTC ETF investors will feel the squeeze.
BlackRock can't swoop in and buy up all the BTC to save the day. ๐
And if BTC's price keeps tanking, there's no floor, which spells trouble in the US. ๐ฌ So, ๐ฆ"