My tinfoil hat conspiracy is that I think black rock and a bunch of other big insiders are going to try and collapse binance so they can bring back the ftx dip and go long more aggressively. Also it'll be a positive for there coinbase shares (they own 3% of coinbase) in the long run as it shaves off coin bases main competitor.
I also think the initial black rock etf approval will intentionally have a lot of fud so that ppl start believing it's never going to get approved. They will make the sec (which they control) keep asking for resubmissions and creating uncertainty. Then in the end they will approve it before dragging everyone through a long bear market, after the halving.
I also believe blackrock owning 10% of microstrategy is nothing compared to the bags they are all holding in there personal accounts because the thing about bitcoin is you can custody it pretty anonymously unlike stocks. I find it hard to believe Larry Fink woukd care to go on fox business and call bitcoin "digitizing gold" if him and his compatriots didn't have there own bags.
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