Crypto influencers seized on BlackRock's application to launch a bitcoin exchange-traded fund.
Some said it sends a bullish sign to the wider crypto market; others spread conspiracy theories.
The attention underscores the relatively new scrutiny BlackRock faces in the mainstream.
"So BlackRock, Citadel, Deutsche Bank and NASDAQ have all started to enter the crypto space in the last week.
Citadel, BlackRock, Schwab JPMorgan…" (These tweets refer to Citadel, the hedge fund founded and led by billionaire Ken Griffin.
Persons:
Crypto influencers, BlackRock, Matt Hougan, Michael Novogratz, Brian Armstrong, Morgan Chittum, permissioned blockchains, Fink, bitcoin, Crypto, They've, Schwab JPMorgan …, Ken Griffin, Griffin, That's, Rich Latour, Latour
Organizations:
BlackRock, Morning, US Securities and Exchange Commission, Coinbase, Bitwise Asset Management, Galaxy Digital, SEC, Citadel, Deutsche Bank, NASDAQ, Citadel Securities
Locations:
bitcoin, BlackRock, cryptoland