🚨The Blackrock Bitcoin ETF explained why you should be worried!

#btcnews #bitcoinetf #blackrock #coinbase

In this video, we're going to talk about the Blackrock Bitcoin ETF and why you should be worried!

We'll explain why the Blackrock Bitcoin ETF is a dangerous proposal and why it could have a big impact on the cryptocurrency market. If you're concerned about the future of Bitcoin and the cryptocurrencies, then this video is for you!

You all know I personally do not care for Blackrock!

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Disclaimer: Please be advised that I own a diverse portfolio of cryptocurrency assets, and anything written or discussed in connection to cryptocurrencies– regardless of the subject matter’s content– may represent a potential conflict of interest. I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions.

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[donotwatchthis]

"poor people" who make less than 250k or are worth less than 1M... That's 99.9% of the world and your audience.

[Flyit]

Crypto will finally be legit to the world, BTC will explode and make its final rise to mega status . Its good thing .

[kelviintan]

If it helps pump the Alts 10, 000x then yes bring it!!

[Dreambuilderbricks]

Surprise twist, , , after Blackrock buys up all the BTC and tries to control it, , , a little wallet with 1 million BTC wakes up and sells it all to crash the market on Blackrock!! Or it's distributed to the small holders who are retail buyers! Then a new digital currency comes out for retail buyers only!

[BriansWealthJourney]

ETF allocations are currently very low, 1-3%, and recommend people buy pure BTC from an exchange. These ETFs are good for the Crypto space though.

[gorbeh]

Thank you so much Wendy; here a Spanish girl trying to understand the complexity of these times,

[Maynardd]

Well, when the first gold ETF hit the market gold went up $10 trillion in market cap 🤷🏼

[serbubogdan]

Blackrock is bad news on whichever front they meddle, the play now is to gobble up Bitcoin from retail

[PeaceFullSpirit]

They will manipulate shares by creating more in my opinion.

[ianheinisch]

You been training on the speed bag behind you?

[acitizen]

Wait and see how fast they get this etf passed! And they think the small scammers were the problem!

[stevenwistort]

Fidelity is in the game also. They are huge also and will compete with Black rock. I think Bitcoin will go up.

[internetisnotreal]

Wendy...I think you should expand on the negative impact of black rocks ETF coming in..I dont think you were clear enough...

[Blue-Hawk-Legend]

Ok, so do we buy spot BTC or ETF BTCs? Theyve filed an ETF so when its fully approved itll skyrocket, which one do i stock up on?

[BitcoinNewsTodayLive]

Big news for sure, thanks for the video!

[Greenn]

Loving black rock im sick of this downtrend

[Hunter-exsw]

Wendy O. Are you still affiliated with the Bloktopia Metaverse Project?

[daviddixon]

Another step toward "legitimate" BTC possession?

[Cryptoscobra]

They have not said how many bitcoin the etf will hold. But an ETF would primarily hold Bitcoin, with each share of the ETF representing a certain amount of Bitcoin. For example, if the ETF holds 1, 000 BTC and has 1 million shares outstanding, each share would represent 0.001 BTC. The ETF's net asset value (NAV) would be calculated based on the current market price of Bitcoin. This NAV would be published regularly, allowing investors to track the ETF's value relative to the Bitcoin market.

[fightthebully]

Yes, be worried. Be afraid. Be scared of everything you can not control.