Cryptocurrency

“BlackRock Is About To Do The Unthinkable” Raoul Pal NEW Bitcoin Prediction



“BlackRock Is About To Do The Unthinkable” Raoul Pal NEW Bitcoin Prediction
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Guess who’s turning the ETF game upside down? BlackRock! They’re not just playing; they’re leveling up. In their bid to launch a spot Bitcoin ETF in the U.S., they’ve revamped the rules. It’s like crypto’s getting a superhero upgrade!
All street banks are getting VIP access! BlackRock’s updated filing says, “Hey, create new shares in our fund, but this time, use fiat, not just crypto.” All you need is the golden ticket – authorized participant (AP) status. It’s like a backstage pass to the crypto concert!
Now, here’s the game-changer – this opens the door for regulated U.S. banks that couldn’t touch crypto with a ten-foot pole. They can now dance with the BlackRock Bitcoin fund as an authorized participant. Fiat shares in, bitcoins out – it’s like magic, but for finance!
Why the sudden upgrade? Rumor has it BlackRock had a secret meeting with the SEC on Dec. 11. It’s like a high-stakes poker game, and BlackRock just showed a royal flush. The SEC has until Jan. 15 to decide, and we’re all sitting on the edge of our crypto seats!
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#Ethereum #Bitcoin

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