BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst
Though the U.S. SEC has until January to decide on BlackRock's spot Bitcoin ETF, a Depository Trust & Clearing Corporation listing suggests the firm may be prepping for approval.
ibtc and ieth. They are doing with eth too. Now they can pump and short it. More control from blackrock.
Yep, now they'll be able to manipulate it just like the big banks do with Gold and Silver.
Not quite as easily. We know EXACTLY how much Bitcoin there is, and where all of it resides. We don't have that information for gold and silver. So while there can be some wiggle room to play with the numbers due to uncertainty about who owns what wallet, there is a limit beyond which they can't push it.
The total market cap of BTC today is only around $600B. If an ETF claims to hold several hundred billion, that is going to be hard for them to justify without the market cap skyrocketing into the trillions.
We know exactly how many btc there are and the hash rate. No funny business.
Yep exactly. Keep it artificially low.