š° The BlackRock ETF filing for Bitcoin is a huge deal for the crypto industry, as it will spark the great accumulation race among institutions and individuals to get their share of the limited 21 million Bitcoin.
š¤ BlackRock's partnership with Coinbase to custody Bitcoin suggests that they have insider knowledge about the SEC's stance on cryptocurrency.
š¼ BlackRock is making efforts to gain regulatory acceptance for a Bitcoin ETF by partnering with reputable institutions and implementing safety provisions.
š¤Æ The idea of BlackRock, a major financial institution, exerting control over Bitcoin and the crypto market is both intriguing and controversial, raising questions about the future of decentralization and the influence of traditional finance.