BlackRock has a 100% approval rate for their ETF applications. However, what would happen if the SEC rejects the approval for the Bitcoin BlackRock ETF? I believe it could potentially be the most significant attack on Bitcoin, impacting its value and overall standing. Monitoring regulatory decisions closely is crucial to understand their potential implications for the cryptocurrency market.
It is going to take some months before we know what will eventually happen. It is rejected, it's just some hopes and dreams dashed but nothing serious to worry about. Bitcoin going to be fine a with or without the approval of the SEC and the market will not crumble. There are many people who are adopting bitcoin and the price would appreciate because I know that that's what bothers you the most of us. My main concern is what is BlackRock's true agenda - control, manipulation, or outright destruction.