That doesn’t mean centralization. It doesn’t matter who owns how much Bitcoin.
Convince me that the coins purchased by BlackRock for their bitcoin ETFs are not centralized to them and the people who invest with them are not subject to any actions and decisions they take? Moreover, their profitability potential is lower since BlackRock would share their profits with them and if anything happens to BlackRock and they stop functioning tomorrow, would the investors have any claim to their coins?
The law does not allow them to do anything wrong. Nobody needs to convince you, you need to get some education. BlackRock is not some obscene exchange run by third world jeets and located in a very bad country.
