Post
Topic
Board Bitcoin Discussion
Re: What Could Happen If the Bitcoin BlackRock ETF Approval Is Denied?
by
alpesh102
on 26/06/2023, 06:20:13 UTC
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.
BlackRock has indeed achieved a high approval rate for its ETF applications. However, if the SEC were to reject the approval for the Bitcoin BlackRock ETF, it could have significant implications for Bitcoin. Such a decision could potentially impact Bitcoin's value and overall position in the market. Monitoring regulatory decisions closely is essential to assess the potential consequences for the cryptocurrency market. It is important to stay informed and analyze the impact of regulatory actions on cryptocurrencies like Bitcoin.