BlackRock Blessing Bitcoin (Super Bullish)

Learn how to buy anonymous Bitcoin:

In this video, I discuss the bullish side of BlackRock possibly launching a Bitcoin ETF (technically a trust, but with daily redemptions and creation). In a subsequent video, I will cover possible downsides to BlackRock's entering the space.

Why is BlackRock entering the space bullish?

1) This will mean really large capital flows into Bitcoin, which may enable it to hit a new all-time high in the 12 months after this ETF is approved and starts trading.

2) BlackRock entering the space is validation of our long-held position that Bitcoin will not be banned in the US anytime soon.

3) BlackRock confers an air of legitimacy to Bitcoin as an investment for corporate balance sheets (e.g. MicroStrategy), as well as retirement accounts.

4) By creating a Bitcoin ETF, BlackRock is also implicitly giving its blessing to Bitcoin as an ESG-friendly investment-- which is what it has always been all along.

Bitcoin is much more ESG-friendly than central bankers and fiat money.

Bitcoin is fair and neutral money for 8 billion people.

Not investment advice! Consult a financial advisor.

BlackRock has a really good ETF approval track record:

"Bitcoin is good for the environment" playlist:

BlackRock CEO Stands Firm on ESG Investing:

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#blackrock

Disclaimer

[Bitcoin_University]

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[StarHeartsong]

This has become my favorite onramp video for homies I want to upgrade the vision of. Thank you Matthew Kratter!!

[thesuperiorman]

Matthew, I will be forever indebted to you. Thank you so much for keeping up with Bitcoin news and educating us.

[coreywoc]

Matthew Krater, Michael Saylor, Satoshi Nakamoto all will be remembered as the pioneers in Bitcoin

[Lmb]

It is brilliant to see your influence in this space continue to grow Matt - much deserved!

[ExpensivePizza]

This is the first time I've been afraid. Afraid that I won't have enough time to accumulate before the wall of money comes in.

[adiintel]

i think the biggest catalyst in bitcoin is when Salvadors wise financial bet on bitcoin surpasses 70k - 100k other central American countrys as well other African countrys will start to exchange Fiat for bitcoin when Salvodor starts moving up the country ranks.

[Marinate]

“Bitcoin is for enemies as well as friends.”
-Great line

[GuyTony]

I’m more than happy to get your stamp of approval even more than Fink’s. I was hoping throughout the video to hear your negative opinions and was happy when you said you were going to make a video. FYI, I don’t trust Blackrock. I do trust that you are the person to dig up the possibilities and weigh them out intelligently. It all comes down to what will fulfill their greed. There’s money to be made with Bitcoin but at what expense to their Fiat based business model. Looking forward to your next video. Thanks😅

[gcpc]

Great video, Matt. My main concern from this positive announcement is whether BlackRock could look to suppress the price by issuing paper BTC.

[pcmackie]

You’ve helped a lot of people Matt well done. But I would disagree with you on one thing bitcoin is not for friends and enemies alike, rather, bitcoin MAKES friends of enemies. That’s why it’s the revolution it is. Peace.

[patataki_]

Every dollar that enters this trust is sponsoring an attack vector against Bitcoin.

[avaraxxblack]

9:05 Oh you better believe it's coming. I eagerly await your next video mate.

[ZoTrAcK]

Thank god, I always need Blackrock's blessing before trusting something.

[lessthanpinochet]

Why would a close ally of the Fed support the one thing standing in its way of CBDC adoption?

[pan]

Have you seen Fidelity are also looking to create a Spot ETF too?

[FerallHog]

If it’s approved….how will it affect Grayscale GBTC?

[monsterhunter]

I have zero exposure to shipcoins I can sleep like a log.

[lebanesepound]

Yo first comment! Anyone know what date we’ll find out if the application is approved/rejected?

[xhilll]

Other side of this might play like this. Bitcoin hits 40 k in the next ~6 months. Recession hits, stocks go down 20%, Bitcoin goes down 50% (20k price). But sec is not happy with 20k price. So what they do is they reject Blackrock etf. That will send further fud as the company which has 500 to 1 success ratio has been rejected by SEC, meaning BTC etf will not be approved in USA in the coming years. That sends BTC price to 3k to 10k, during which Blackrock accumulates BTC and then re applies for ETF which is then approved and sends BTC price to ~300k shortly.