Do not underestimate what BlackRock's Bitcoin ETF & 2024 Halving will do! "NUMBER GO UP!" 📈🤑

1 year ago
125

In this video, I discuss the bullish side of BlackRock possibly launching a Bitcoin ETF (technically a Trust, but with daily redemptions and creation). Considering whatever the value of Bitcoin is Pre-Halving, it goes up multiple times that amount within 18 months of a Halving. BlackRock specifically wants this ETF/Trust approved by the SEC before the Halving, because an enormous return on their investment is all but guaranteed.

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.

BlackRock has a really good ETF approval track record:
https://twitter.com/EricBalchunas/status/1669691447996456963

"Bitcoin is good for the environment" playlist:
https://www.youtube.com/playlist?list=PL7w04GVKPitFDpZrzSkjokm6Sm3NsxwBJ

BlackRock CEO Stands Firm on ESG Investing:
https://www.barrons.com/articles/blackrock-ceo-fink-esg-investing-51649868290

Original Video by Bitcoin University: https://www.youtube.com/watch?v=DP4F3j7BV3Y

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