According to a recent Tom Bilyeu interview with Arthur Hayes, co-founder of BitMEX, the possible entry of asset management behemoth BlackRock into the Bitcoin sector could reshape the leading cryptocurrency in ways that diverge from its original ethos. While traders and investors anticipate the approval of a spot Bitcoin ETF--which BlackRock is also contending for--Hayes highlighted concerns about the large-scale influence traditional finance could exert on Bitcoin....
BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes
Crypto News - 12 Oct 2023 19:45
According to a recent Tom Bilyeu interview with Arthur Hayes, co-founder of BitMEX, the possible entry of asset management behemoth BlackRock into the Bitcoin sector could reshape the leading cryptocurrency in ways that diverge from its original ethos. While traders and investors anticipate the approval of a spot Bitcoin ETF--which BlackRock is also contending for--Hayes highlighted concerns about the large-scale influence traditional finance could exert on Bitcoin....
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