Quote from: Lucius on July 25, 2023, 10:42:15 AM

Quote from: Wind_FURY on July 25, 2023, 05:36:13 AM

~snip~

BlackRock wants to offer a spot BTC ETF to the market, which for me is something much different than the fact that they as a company have a special interest in Bitcoin or anything else except that their company increases profits. In addition, the part of their request in which they mention forks does not look the least bit friendly when it comes to Bitcoin, because they already suggest in that statement that they could choose any fork that would be more favorable for them at that moment.

I made these posts about the issue,

https://bitcointalk.org/index.php?topic=5456494.msg62417885#msg62417885

https://bitcointalk.org/index.php?topic=5456494.msg62452869#msg62452869

I asked in one of them what's BlackRock's stance on E.S.G. - Environmental, Social, and Governance.

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What Is Environmental, Social, and Governance (ESG) Investing?

Environmental, social, and governance (ESG) investing refers to a set of standards for a company’s behavior used by socially conscious investors to screen potential investments.

https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp

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Furthermore, why the fascination with the trillions of $ they manage as if all that money or at least some significant part will flow towards BTC? We can hope for some things, but we still need to be realistic and take into account the other two possible outcomes - and the first is that the SEC will not approve the ETF, and the second is that even if it is approved, it will not have too much of an effect on the BTC price.

I have no fascination. Simply noticed the large difference in networth between Chad Saylor and BlackRock. Larger networth = Possibly a larger investment into Bitcoin. It probably might be three times Saylor's investment by BlackRock? More if we consider the investments of the other major asset managers?