Trillion dollar giants like BlackRock dont need to make money on crypto. They dont need to take risks when they have definite and proven ways of making money elsewhere.
Why sudden interest ?
Now FED Chair Jerome Powell says “#crypto appears to have staying power as an asset class.” ?Whatever is going you can bet your ass its not going to be good for you neither short nor long term.
Im worried these bozos found a way to choke crypto/bitcoin.
Update:
I understand they are greedy and want to make money.But why now ? Whats different now ?
Update2:
BTC ETF != BTC.
It’s a parasite that wants to live off BTC. These companies are not buying crypto.
I thought it was obvious.
submitted by /u/tiptheguy
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