Just approve them already, Gensler.


@MDBitcoin
ind of crazy to think the Power Play that ETFs have on the #Bitcoin  market.

I. Unified Approval of All #Bitcoin  Spot ETF Applications:

   • Endorsing all #Bitcoin  ETF applications simultaneously could ignite a multi-trillion dollar surge in the market.

II. Market Dynamics:

   • Under such circumstances, the free market would adeptly identify the winners and those who fall behind.

III. BlackRock's Influence:

   • Although BlackRock appears dominant in this arena, I remain optimistic about diverse outcomes.

   • When BlackRock entered the scene, Bitcoin's value increased by roughly 20% within a week.

IV. #Bitcoin 's Historical Growth:

   • It's easy to overlook that #Bitcoin  started with a value of $0 and escalated to a market capitalization exceeding $1 trillion, primarily without significant institutional involvement.

V. If retail investors contributed to the first $1 trillion, what might happen when influential financial entities engage with a limited asset known as the pinnacle of monetary saving technology?

VI. BlackRock's Potential Impact:

   • Regardless of personal opinions, BlackRock's Bitcoin Spot ETF is set to revolutionize the Bitcoin ecosystem.

   • It's a transformative move that could potentially trigger an immediate rise to 150k for Bitcoin.

VII. Bitcoin's Evolution:

   • The asset is poised to evolve in an unprecedented way.

This could bring at least $100B in new demand (conservative estimate). 

Then expect: 

Institutional FOMO.
Small to middle nations FOMO.
Countries FOMO

   • Contrary to skeptical views on Bitcoin Twitter/X, the projected expansion of Bitcoin is a narrative too significant to dismiss.

https://x.com/mdbitcoin/status/1712930530000314480