📌 BlackRock to file for the spot #Bitcoin  

ETF as per Coindesk.

➡️ First, the #SEC rejected all spot ETFs and allowed futures ETFs, which are highly speculative.

➡️ Then the SEC sued all major crypto companies while, at the same time, big banks were taking #btc    ownership through #Microstrategy shares.

➡️ Now #BlackRock is planning to file for the #BitcoinETF.

➡️ It's absolutely clear that this was all planned from the beginning.

For anyone wondering who BlackRock is, here is some context: 👇

📌 It's the world's largest asset manager, with over $𝟵 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 in AUM (assets under management).

📌 The entire #Crypto market is just 𝟎.𝟏𝟐% of BlackRock's AUM.

📌 Its AUM is even higher than the GDP of countries like 🇮🇳 India, 🇯🇵Japan, 🇩🇪Germany, and many more.

Here's the list of companies in which they have some ownership: 👇