The post Decoding Blackrock’s Bitcoin Influence: Mining Monopoly and ETF Secrets appeared first on Coinpedia Fintech News
As the world was glued to the news of the Securities and Exchange Commission (SEC) delaying the approval of six Bitcoin spot ETFs, a few significant developments were quietly unfolding behind the scenes. Events that could arguably signal a potential orchestrated move by Blackrock, the world’s largest asset manager, in the Bitcoin ecosystem.
Last week the Blackrock attack on Bitcoin escalated!
While everyone was distracted by the recent SEC delay of the 6 Bitcoin spot ETFS, 2 BIG events just got swept under the rug!
Let’s examine how these 3 events together, signal a potential Blackrock attack on Bitcoin is… pic.twitter.com/K5ELfGuWBT
— Satoshi (@satoshimoneybtc) September 19, 2023
Blackrock’s Mining Monopoly
Blackrock has secured majority shareholding in 4 out of the 5 largest Bitcoin miners by market capitalization. The stakes are:
Though Bitcoin is not
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