Episode notes
In this episode, the focus is on BlackRock's anticipated Bitcoin ETF. Unlike other ETFs, BlackRock aims to own actual bitcoins. The hosts explain the benefits of an ETF, emphasizing its regulation and accessibility for both everyday and institutional investors. With BlackRock's entry, there's speculation about a possible surge in Bitcoin prices.
BlackRock's crypto venture might net around $14 billion in its inaugural year. Their alliance with Nasdaq aims for market transparency, and insiders hint at an imminent SEC approval. The firm's partnership with Coinbase showcases a blend of traditional finance with crypto. However, there are concerns. The crypto community is wary of technological progress being overshadowed by speculation and wealth concentration. An interesting note is BlackRock's potential influence in deciding the 'real' Bitcoin ...