People need to stop pretending “Blackrock is loading their bags”, they are not!

Blackrock themself dont give a shit about that asset called “Bitcoin”, they just offer what their clients ask for.

People need to understand that an asset manager is not interested in getting at a low price or “load” their bags because thats never the goal.

An asset manager like blackrock makes their money with transaction fees of their clients. So they want as many client transactions as possible.

In this case enough clients are asking for an BTC ETF so they do whatever their clients asks for, nothing more.

After offering that asset to their client they are obviously whitewashing their asset as the best asset in the world to lure more clients.

It seems like everyone in this sub already think that ETF got approved because of the approval record by blackrock…be patient and dont FOMO please