Date: 2023-06-19T14:46:50Z Creator: Bitfolio Academy
The financial juggernaut BlackRock has made a massive move into the crypto-sphere and filed for a Bitcoin ETF. With over 8.5 trillion dollars in assets under management, could this be the tipping point for an SEC approval? As anticipation builds across Wall Street, skeptics remain, as numerous applications have been denied by the SEC in recent years. Even the formidable Fidelity Investments has been shot down.
Grayscale, who holds over 3% of all of the Bitcoin in circulation, currently has a lawsuit against the SEC for denying their Bitcoin ETF application, last year. So, there is a lot of uncertainty in the air. The question that remains: does the darling of Wall Street, BlackRock, have the influence to get it past the SEC? We can only hope!
Let me know in the comments. 🤔
💰 Join My FREE Discord Group:
https://en.bitfolio.biz/discord
🚀 Connect With Me on Social Media!
►► ► My LINK TREE ◄◄◄
https://beacons.ai/bitfolio
👍 JOIN Bitfolio Academy Coaching Community: https://bitfolio.biz/member
🔥 FREE Cyptocurrency Course: https://bitfolio.biz/course
💻 Bitfolio Academy Blog: https://blog.bitfolio.academy
💵 Send me a Satoshi: https://getalby.com/p/bitfolio
⚡️[email protected]
Crypto Sherpa 🚀
Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈
Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
#blackrock #bitcoin #crytocurrency #money #power #control #investing #followthemoney #conspiracy #larryfink #stockmarket #government #corruption