~snip~
Therefore I truly believe BlackRock will make the largest investment by an institution/asset manager in Bitcoin's history. How much is Chad Saylor's Bitcoin investment? 0.05% of Total Supply?
The first question is whether BR will get approval for that ETF at all, and the second, if it gets it, will their clients be interested in investing in BTC? What if the interest for that ETF is similar or only slightly higher than that shown by investors for futures BTC ETF?
In my opinion, it is wrong to assume that they will invest the most just because they have the most assets under management.
Needless to say, yes that's true, but that's for another discussion. I'm talking about BlackRock's company size, the volume and depth of their investments worldwide, and their history. If we take all that into consideration, they could build a larger stake than Chad Saylor.
How much larger is BlackRock as a company compared to MicroStrategy? When I was doing my research on that, I found out that BlackRock owns 8.1% of MicroStrategy.
https://fintel.io/so/us/mstr/blackrock