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I, for one, don’t assume that BlackRock would apply for this spot bitcoin ETF if it didn’t assume that it, arguably essentially the most highly effective firm on Wall Avenue, may get it permitted. If I had my tinfoil hat on, then perhaps there’s a secret plot to make bitcoin look utterly unappetizing to the world since even BlackRock couldn’t get a spot ETF by means of. I don’t assume that is the case.
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