Cryptocurrency

Blackrock’s Secret Plans For Ethereum Revealed



Ethereum’s ready for a big 2024, here’s what Blackrock is planning.
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00:00 Intro
00:33 Ethereum ETF
05:33 Blackrock’s Plan
09:04 Ethereum Big Year Ahead

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Here is black Rock’s big plan for ethereum in 2024 and yeah I know look hey ethereum ETF very exciting I want to talk about that in this video with you because that’s a very important Catalyst that’s the big spark for ethereum potentially in 2024 but that’s just a small part of the

Plan the big plan for ethereum and black rock goes way beyond that so I want to talk about that with you in this video also some other major Catalyst coming for ethereum in 2024 it feels like a perfect storm of events for well the number to potentially go up let’s talk

About it so first we have to start by talking about the ethereum ETF and let’s take a look here at this which shows the deadlines so this column right here these are the final deadlines now the first final deadline is this one right here this is May 23rd for vanc the final

Final deadline is actually Black Rock on the 7th of August now that May 23rd date’s very important because that’s either they have to approve it or deny it by that date there’s no more delays p pass that point and if they deny that one they may deny everybody it would

Seem capricious which the SEC has been told they’re capricious in court but it could be quite capricious for them to say well we’re just going to deny Vanek and then approve everybody else that’s unlikely they’re all going to probably be exactly the same with all the same

Parameters and why do I think an ethereum ETF is going to get approved and of course that’ll cause a big price run just like we saw with Bitcoin and all the liquidity conversations about how much money is going to come into ethereum over the years and if they’re

Staking well if staking then it’s going to bring a whole another level of conversation here where it’s oh my gosh there’s going to be staking for ethereum ETF products they’re going to be paying out these crazy dividend yields etc etc it’ll be a popular product on Wall

Street hear me now quote me later but will we get it approved well you have to realize there’s two very important things and that’s grayscale and black rock Black Rock when they applied for a Bitcoin ETF they changed the game BlackRock now has had 576 ETF products

Approved and only one not approved Black Rock wins now Black Rock has a lot of influence which helps them win consistently but black rock wins no matter how you want to break it down Black Rock wins and then there’s the grayscale case now the grayscale case proved a few very interesting things

Basically the courts came to the SEC and said hey look if Bitcoin Futures products are okay to list on markets which you guys approved then there’s absolutely no reason to not approve a spot product for Bitcoin and that exact same logic applies to ethereum because ethereum Futures exist on us markets

That were approved by the SEC because ethereum is not a security ethereum is a commodity and so they approved those contracts so in the exact same logic as the grayscale case if the market is good enough for ethereum futures contracts then there’s abs absolutely no reason that the Market’s

Not good enough for ethereum spot ETF products which is why I think it’s a very strong chance that we are going to get them in May which hey can we just take a moment to to realize holy cow what a year man got the Bitcoin having

We just had the Bitcoin ETF we have the Bitcoin having coming up in April likely ethereum ETF approvals in May I mean dudes dudes xrp ETF later this year maybe just specul but I would not be surprised either lots of big catalysts coming lots of big catalysts coming

Without a doubt very exciting times for the cryptocurrency markets and the sec’s hand is going to be forced again here with these ethereum spot ETFs I think there’s a very high chance they come now not everybody agrees by the way of course the anarchists can we say over at

JB Morgan said there’s no more than a 50% chance of spot ethereum ETF being approved in may he said there’s no more than 50% chance the SEC will classify ethereum as a commodity before May and the SEC is still signaling they’ll continue to treat all other currencies

Other than Bitcoin as Securities a lot of people think this question is already resolved JP Morgan can’t trust them as far as you can throw them they are agents of chaos and disinformation and Market manipulation maybe this is simply a signal from JP Morgan yeah yeah yeah

Don’t don’t buy ethereum yet guys we still have high net worth individuals who are calling us every day and saying hey help get us into ethereum products these guys I tell you they’re going to get it anyway the ethereum etf’s coming when not if keep that in

Mind hey real quick too if you’re not signed to wealth Mastery newsletter yet every single issue is jam-packed full of awesome Alpha for the cryptocurrency market if you’re an investor in this market and look I know how it is guys you got the family the wife the kids the

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Description so check it out now let’s talk about the big play here from Black Rock because the ethereum etf’s just the tip of the iceberg and well we’ll do videos breaking down the moon math on an ethereum ETF another day but this is a very interesting story because Larry

Fank the CEO of Black Rock he said I see value in ethereum ETF AKA we’re going to get it approved these are Stepping Stones though to tokenization to tokenization this is the big story Larry thinkink has talked about moving basically everything on chain now it’s interesting how Larry Fink has become

Like super like you know into crypto he sees the monetary opportunity for his organization he sees the future and where we’re going with Finance he wants his organization to be in a very powerful position in regards to that but when we start tokenizing stuff on ethereum it’s going to be crazy and look

Look at Black Rock what do you think they’re going to do where do you think they’re going to go when they start tokenizing Assets Now they could go to Avalanche I to be fair because Avalanche is working with JP Morgan on the subnet technology and stuff like that so

There’s always a potential we could see them going over somewhere like there maybe they’re going to take a multi-chain approach right but it’s probably not going to be blockchain 400 on you know coin gecko or whatever it’s going to be one of the top dogs now

Here’s an idea what if Black Rock takes a page out of coinbase and JP Morgan by the way coinbase has their own layer too JP Morgan has their own ethereum uh side chain will they go that route it’ll be interesting to see if they actually do this on public rails

Like the main ethereum net or not or they choose to make their own Layer Two but make no mistake think about it when the things happen it’s going to be somehow with ethereum whether that’s ethereum main chain or whether things are backed up to the ethereum main chain

But the transactions happen at a lay or two I don’t know but that tokenization is coming on chain so watch out because this is going to be black Rock’s real big play the ethereum ETF the Bitcoin ETF that’s just the start of the story Black Rock realizes the future of Finance is

Literally going to be on chain the biggest asset managers in the freaking world know that the future of Finance is blockchain and they’re positioning themselves accordingly hey here here’s an interesting idea as well when Black Rock wants to start moving treasuries on chain for example real estate contracts on chain Bonds on

Chain stocks on chain what technology provider do you think they’re going to choose to do that would they look to work with somebody who has Partnerships with companies like the dtcc which is the biggest Clearing House in America and Swift the world’s biggest interbank messaging Network we’re talking about

Chain link of course in their ccip technology which will help a company like Black Rock just speculation here but help a company like Black Rock do exactly those things and of course that’s part of the ethereum ecosystem very interesting it’s coming and we don’t know the full extent of

Black rocks play yet but my guess is it’s going to be happening on or around ethereum with potentially layer 2 technology or even as far away as evm Tech like Avalanche we shall see though but very exciting nevertheless now that’s of course just un one one part of the story because we

Have a lot of other big catalysts coming this year for ethereum and all that stuff’s mind-blowingly exciting and dude just watch the market react when Black Rock comes out and says they’re launching a layer two on ethereum crazy spot ETF tokenization of everything probably on ethereum by Black Rock but then ethereum’s also

Deflationary thanks to e559 ethereum in staking contract all-time high reaking and all the rest of the stuff is just creating this flywheel for eth where it’s just like going crazy layer twos more layer twos than ever more layer to launching this year all of which require etherum

Ethereum either as collateral or to pay gas fees on chain huge catalysts right now and of course now everybody’s figuring out well hey we got this ethereum ETF coming so I better buy some ethereum put it in my Hardware wallet ethereum onchain on exchange supplies keep dropping there’s so many big

Catalysts for eth this year now look to be clear it’s not going to go 100x or even probably 10x but if we see another 100% gains for ethereum this year it would probably be a pretty good 2024 so we’ll see we’ll keep an eye on it let me know your price predictions

For ethereum in 2024 Down Below in the comment section I’ll see you next Time

33 Comments

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