This is So Interesting! đ„ Why
#BlackRock Applied For
#ETF in Dumped Market & On This Time đ€·
..
đ°Possible Reasons?
*âșïž
#Bitcoin_Halving is 312 days away đ„
*âčïž Less supply more demand is bound to push price.đ„
*âșïž SEC & CFTC both agree that Bitcoin is a commodity.đ„
*âčïž US equities have only given 11.9% return since 2014.đ„
* âșïžDemand from their clients to launch a Bitcoin ETF.đ„
*âčïž BlackRock want to maintain their leadership position.đ„
*âșïž BlackRock will be direct threat to crypto exchanges. HNIs will prefer buying an ETF than Buying it through exchange.đ„
*âčïžCrackdown on Binance and Coinbase is forcing the users to find options outside USA. BlackRock want to tap on this opportunity. đ„
*âșïžThis could be a move by the US government to control BTC price by creating "paper bitcoin" like the way they have controlled gold price by creating " paper gold".đ„
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