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.
I think all such things will only bring temporary fluctuations in cryptoassets price. In general, the value of
BTC will remain stable. The other problem is a high risk of dollar (and other fiats) inflation. In case of significant drop in values of fiats, the BTC to USD ratio would literally make no sense. There might be a chance to save money via crypto, if fiat inflation occurs. However, there is only a chance, not guarantee. Its impossible to predict whether
BTC will be a stable value in case of fiat inflation.