WHY CRYPTO MARKET MANIPULATED..?

#BlackRock’s proposed Bitcoin Spot #ETFs is no longer listed on the Depository Trust and Clearing Corporation "DTCC" website.

The iShares Bitcoin "IBTC" Trust had previously been the first potential #ETF to list on the site.

Bloomberg analyst Eric Balchunas said that the listing was “notable” and showed BlackRock as “leading charge on these logistics (seeder, ticker, dtcc) that tend to happen just prior to launch.”

“Hard not to view this as them getting signal that approval is certain/imminent,” he added Monday.

The developments come amid a rally in the price of bitcoin that has been attributed, at least in part, to positive sentiment around US regulatory approval of a bitcoin ETF.

As well as,

The U.S. Securities and Exchange Commission (SEC) said a former BlackRock Advisors, LLC portfolio manager has agreed to pay a $250,000 penalty to resolve charges he failed to disclose a conflict of interest.

The #SEC said that Randy Robertson, the portfolio manager, did not properly disclose a relationship he had with a film distribution company in which the fund he managed for #BlackRock invested millions.

After this news, of listing $BTC in Spot ETF, all #CryptoMarket suddenly pumped on Monday very high in short time period approx. $7k-$8k of growth within 24 hrs., but after delisted it from DTCC websute, Bitcoin crashed out approx. $3k.

#Bitcoin’s ( $BTC ) price briefly crossed $35,000 plus, and as of writing time is trading around $33,600. 

Always #DYOR before invest in Crypto, it's NFA 🙏✔️