Isnt that an intiative that a huge firm are making their move to a more legit way where institutions might get attracted with it. With a lots of fud going on btc, this step up might help in regaining a sense of trust to crypto industry. Since cex has been crucified hard by US SEC. Well for me this a positive sign considering whats going on lately. BlackRock is a big firm and others even anon whales could notice its a bullish effect or not.