That's what I am thinking as well. It's because his business will be certainly affected if these ETFs will get an approval? How?
We have to wait for it because it seems that there's a huge chance that most of them will be finally approved.
BlacRock's latest spot proposal amendment shows that institutional banks will be the major players in everything that has to do while CEX is not involved. I mean the latest proposal is something that boosts the bank and this is why the SEC chairman made a statement that they have no reason to block the ETF approval days ago.
Wow, before we don't like this if it's happening. But we're starting to see that there's really a need to see something like this for the sake of going up for Bitcoin's price.
maybe another competition on the rise and that's why he's too skeptic about it.
No, just a change in the crypto ecosystem that could make BTC to be centralized if all BTC holder and investor sell their bag to BlackRock
I think that they're anticipating that when the price goes up, most of us are going to sell and they're going to buy all of those when we're done selling it.
Many don't want to miss this opportunity and likely gonna sell when ETF's effect is there and already approved.