Premium Only Content

Could Blackrock Bitcoin ETF make the crypto mainstream?
Could Blackrock Bitcoin ETF make the crypto mainstream?
BlackRock is close to filing an application for a bitcoin ETF according to CoinDesk. Thus far, the SEC has rejected every bitcoin ETF application it has received.
If approved, this would be a simple way for institutions to invest in Bitcoin as it would be insured and there would be less custody issues. Investment funds could then more effectively invest in Bitcoin.
Also, regular people like you and me could invest in Bitcoin via tax efficient vehicles such as Roth IRA. It will also mean the layperson does not need to deal with wallets, BTC send / receive address, seed phrases, etc.
It will go far to legitimize bitcoin in the eyes of many people.
Some people would say that Blackrock owns the SEC, and they will get what they want. Could Blackrock do to Bitcoin what it did with gold where it purchased tons of gold and made the largest gold etf? Having a large centralized entity controlling the largest pot of bitcoin would not be a good thing.
Could BlackRock and Grayscale Bitcoin Trust both get their ETF applications approved at the same time?
Works Cited:
https://www.coindesk.com/business/2023/06/15/blackrocks-ishares-files-paperwork-for-spot-bitcoin-etf/
Tags:
bitcoin, bitcoin etf, blackrock bitcoin, blackrock, bitcoin news, blackrock bitcoin etf, bitcoin news today, bitcoin price, bitcoin today, blackrock crypto, bitcoin blackrock, blackrock etf, bitcoin spot etf, blackrock coinbase, bitcoin price prediction, blackrock bitcoin etfs soon, bitcoin analysis, blackrock buys bitcoin, bitcoin prediction, blackrock btc etf, buy bitcoin, blackrock invests in bitcoin, blackrock etf -, bitcoin crash, blackrock news
-
4:21
The Last Capitalist in Chicago
1 year agoWhat is the Hume-Cantillon Effect?
2521 -
1:07:26
Inverted World Live
7 hours agoThe War Against Robots w/ Joe Allen
49.3K2 -
6:08:31
SpartakusLIVE
6 hours agoWARZONE NUKE IS BACK?! || Solo Challenge CHAMPION to start, duos w/ the Dawg later
61K -
1:00:18
Man in America
8 hours agoBig Pharma’s Empire of Lies Is COLLAPSING as People Turn to Natural Medicine
21.1K5 -
LIVE
Drew Hernandez
10 hours agoGHISLAINE MAXWELL SAYS CLAIMS EPSTEIN WAS INTELLIGENCE ASSET ARE BULLSH*T?!
628 watching -
29:54
Afshin Rattansi's Going Underground
18 hours agoUkraine: Prof. Anatol Lieven SLAMS Europe’s ‘BLOODY STUPIDITY’ as Trump Negotiates with Putin
4.26K1 -
15:27
robbijan
1 day ago $2.31 earnedThe Emperor’s New Labubu & The Spiritual War Behind Everything
31.3K37 -
LIVE
GritsGG
15 hours ago36 Hour Stream! Most Wins 3420+ ðŸ§
248 watching -
2:05:47
TimcastIRL
4 hours agoTrump FBI Raids John Bolton Amid Classified Docs Investigation | Timcast IRL
153K49 -
2:15:23
TheSaltyCracker
4 hours agoFinally Someone Gets Raided ReEEeStream 8-22-25
64.5K182