Let‘s be clear, the BlackRock ETF does not even need to approved at all. They already showed how much of an interest the institutions have in Crypto anyway.

I know, I know, you all have probably read one gazillion posts about the BlackRock ETF by now and probably half of them were from me, but this is just for one final time. We all have heard by now how bullish this BlackRock filing is and we have also seen it, as many many of the other top financial giants have also followed suit with BlackRock and filed their ETFs for Bitcoin too. By now, in just a few days, we suddenly have all the big institutions looking to enter Crypto.

As much as we have also looked and analysed the track-record of BlackRock and seen how they have an amazing 575-1 record of getting approvals, but we should not really be surprised if this makes it a 575-2 record…

Why? Well basically just because it would be a pretty crazy turn for the SEC to suddenly approve it and Grayscale, who have filed a lawsuit against SEC because of their rejections, would have everything and all to have their justice.

Also, maybe BlackRock just does not want this approval, maybe this all is just one big message to the SEC to slow down with their recently accelerated and more brutal pace in Crypto regulations in the past weeks. After all those institutions want to make profits one day in Crypto and thus the SEC better should not destroy the industry. This is just some speculation by me to end this topic of the BlackRock ETF and let‘s see each other once their is an actually decision coming up.