bullish
Everybody Wants Bitcoin!
342 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.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x