We are nowadays in the discussion of BlackRock ETF and many people are sharing their idea about this subject. Some are trying to pull the market upside while some are trying to take market down. In other words every one are sharing their own views in this regard.

Lets know first what Blackrock is and what is the role of it in the crypto market or overall in the world financial market. BlackRock is a global investment management company which offers different products including ETF's.

ETF is a financial fund which are traded in different markets such as Stock market where BlackRock is the leading provider for ETF. There are many assets included in Blackrock ETF's such as fixed income, equities, commodities and many more which provides differnent investors exposures in different markets.

These were the short explanation about Blackrock ETF. Which means that this company is the largest financial fund which has more demand in the market. ETF wants to invest their amount in Crypto market which is surely a good news for market.

But still now SEC is the main issue in between and they are not approving ETF to invest fund in Crypto market. There are many reasons behind this that why SEC is not allowing Blackrock ETF to invest their fund.

Some says that Blackrock and SEC are of same family with similar faces and they are trying to manipulate market which is again controlled by US government. US government wants to buy crypto but they dont want to buy directly because they dont want make feel people that they are in favor of Crypto.

Understanding BlackRock's Role in Crypto

However, this is true that they are trying to manipulate the market. The real case is that Blackrock dont want to buy Bitcoin at expensive rate. Rather they are looking for discounted prices. That is the main reason they are trying to spread rumors all around in the form of different news.

Just like the recent bad news of Binance resignation come that takes the market down. you may noticed that within few hours the market sees a quick recovery which I guess was the buying of #blackrock ETF. They wants to buy at lower price and what best opportunity of buying they get they go for.

Therefore, its an advice for the investors that don't sell your coins being panic rather stick with one strategy and that is #HODL. Blackrock wants from us that we sell our holdings and they start buying. So, be careful while selling because Blackrock buying is the sign of heavy bull run.

What do you people about #Blackrock ETF and what are their purpose regarding crypto buying? Do you think we are closer to the bull run? Will be glad to see your answers in the comment section.

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