^^
That is why they are saying BlackRock basically owns the SEC.
You may not know how large BlackRock is but in the United States they have their hands in everything from Oil & Gas companies to supermarkets where people go to get their groceries.
So they will not deny them the approval process when they want to enter into the cryptocurrency market.
But I digress, this thread isn't about the ETF approval they are seeking but about Bitcoin Ordinals and how Micheal Saylor is giving his thumbs up to it's usage on the bitcoin blockchain.
But these early transgressions will all fall together one way or another in due time.
WOW! After looking at BlackRock I really don't know how big of a company it is, and it could be a potential owner of SEC, and just like some are saying here it is a true behemoth on the market,
Well, we can not really know the real reason why Michael Saylor had given his thumbs up to Bitcoin usage and because of Bitcoin Ordinals every individual Satoshi will have extra data attached to every transaction, so I think they will not deny this because of the Bitcoin Ordinals that are encrypted in any Satoshi,
After playing with Terra Luna Classic and UST stable coin, dumping the market in May 2022, they will pump it next years and lift Bitcoin towards $1M.
Citadel Securities, BlackRock Deny Involvement in Terra FallThey denied it but some community investigations show that they actually involved in that fiasco. If you are holder (you should be holder), you won't have to care too much about them. Let they play their games but they can not make you poor and steal your bitcoin, because you strongly hold your coins.
For me just don't become a FOMO with the sudden changes in the market I think you will be OK with it, I am a Holder if the market rises then I will be thankful for it if the market crashes then wait for the perfect timing to get back you coins are still there and never gone, I think the weak hands will not understand this simple solution to a problem of keep on holding, well there will be a time that those companies and Michael Saylor will want to manipulate the market again, but for me, they will and for me, their only goal could be to get money on what they will do, who doesn't want to profit in this kind of things,