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?
Its not gonna be denied
Probably is, though. Blackrock are about to find that not everyone can keep a 100% success rate forever.
But it doesn't matter either way. The relationship between Bitcoin and institutional investors is entirely one-way. Traditional Finance cares about Bitcoin. Bitcoin does not care about Traditional Finance.