A critic on Reddit believes that the recent surge in Bitcoin prices, which broke above critical resistance levels registered in July 2023 and reached 2023 highs, may be partially attributed to the United States Securities and Exchange Commission’s (SEC) potential intimidation by BlackRock’s significant influence in Wall Street.
Reddit User Questions The Influence Of BlackRock On Bitcoin ETF Application
The user expressed concern that while the agency has been reviewing several Bitcoin ETFs, none have been approved yet. However, BlackRock’s iShares Blockchain and Tech ETF, which has the ticker symbol IBTC, was briefly listed on the Depository Trust & Clearing Corporation (DTCC) website on October 24 before being quickly delisted.
Even though the SEC has not publicly issued a statement notifying the trading community that BlackRock’s ETF application has been successful, the listing on DTCC, the user notes, means it is “one half-step away from actually having the spot ETF
We współpracy z: https://bitcoinist.com/sec-bitcoin-etf-intimidated-blackrock/
