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Weekly Bitcoin Update, Everything is About to Change Forever - E353

Bitcoin & Markets

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Bitcoin-Friendly Regulating Regime

There are rumors this morning that Fidelity is going to try again for a spot Bitcoin ETF, and Bitwise has filed a BlackRock copycatETF today. This could open the floodgates. It also speaks to the coming regulatory regime that BlackRock, and likely the SEC, sees a Bitcoin-friendly regulatory regime. Many Bitcoin purists don't like this news because they see BlackRock as a central conspirator in the global cabal of bankers. They might be. But does it matter? No, it doesn't matter. So next story up Hong Kong desperate to get Bitcoin into their market.

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