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Bitcoin Reddit

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the Blackrock ETF being listed on the DTCC and then being deleted. It sounds kinda sketchy to me. I guess my main points are:

  1. how is this not market manipulation? (lets be honest, they definitely profited and/or are using BTC as collateral for other market mechanisms/hedges)
  2. was this an indication that they will be the first to be approved?
  3. This, on top of the report i believe released on twitter, that it had already been approved.

All these points seem to indicate that this ETF is set and the approval is in the chamber. And I have a hard time thinking this plays out in any other way other than Blackrock's ETF approved OR all viable ETFs approved at the same time to prevent market advantage.

submitted by /u/chimpay19
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