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BlackRock’s Bitcoin ETF application is the ‘holy grail’ of exposure for TradFi, says analyst

The Scoop

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The Impact of a Black Rock ETF on the SEC

If this black rock ETF gets approved, that 70% goes to 100. It's very rare for the judges to be like, you have to approve this. So I don't know if this person. The SEC either has to delay deny or approve. Typically 99% of the time there if they're going to ultimately deny it, they just delay all the way to that 240 days. And a lot of people on crypto Twitter were like, Oh, they haven't denied it. But really if they delay, that's a that's a pretty bad sign.

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