bullish
Everybody Wants Bitcoin!
319 Views26 Jun 2023 17:31
SUMMARY
- BlackRock is feeding Bitcoin animal spirits. The last time the SEC rejected a product offering from the ‘inventor’ of iShares was in 2014. BlackRock has a success ratio of 99.8%.
- The SEC's main objection to approving a physical Bitcoin ETF has always been 'price manipulation.' Hence, BlackRock has entered a ‘surveillance-sharing’ agreement with Nasdaq
- We updated our Bitcoin as a gold-like insurance premium scenario analysis to provide estimates about Bitcoin's future price.
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