Step 1: All the biggest banks & asset managers start applying for ETFs.
Step 2: Allow the crypto influencers to lap it up with "institutions are coming" (again!)
Step 3: Open up large shorts on BTC & wait for them all to get rejected again
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21 sats \ 0 replies \ @siggy47 23 Jun 2023
I hope you're right. Larry Fink was the U.S. government's hand picked "cleanup man" after the 2008 financial crisis. BlackRock was given carte blanche to start buying up single family housing stock in the U.S. Why would bitcoin be different? He practically owns the Obama/Hillary neocon war machine. I wouldn't be so certain that BlackRock's application will be denied.
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