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- ☕️ Blackrock expects a btc approval WHEN??... 👀
☕️ Blackrock expects a btc approval WHEN??... 👀
ALSO: sec coming after ripple ruling

GM Brew Crew, you know that feeling when you roll into chipotle and find out you get a free bowl from your rewards points? I bet you get that same feeling after this morning’s medium roast. Let’s dive in ⬇️
On the menu today:
😲 BLACKROCK EXPECTS BTC ETF APPROVAL IN 6 MONTHS
🚨 SEC SEEKS APPEAL IN RIPPLE CASE
😱 COINBASE LAUNCHES THEIR OWN BLOCKCHAIN
Today’s Charts:


😲 BLACKROCK EXPECTS ETF APPROVAL IN 6 MONTHS
During Galaxy Digital's earnings call, CEO Mike Novogratz mentioned that his contacts at BlackRock believe the BTC ETF approval is inevitable and will occur four to six months out.
Mike Novogratz said this in reference to the ETF:
“It's a big, big deal. It's a big deal because both our contacts, from the Invesco side and from the BlackRock side, get you to think that this is a question of when, not if — that the outside window is probably six months,”
When the Blackrock insiders are this optimistic on an etf approval - everyone gets excited. 😏
Mike Novogratz continued with saying that once there is an approval - ETF issuers will be fighting like ‘cats and dogs’ for market share.
According to "contacts" from inside BlackRock and Invesco spot Bitcoin ETF approval a matter of "when, not if" likely in "four to six months" -- Galaxy CEO Mike Novogratz on earnings call this morning
— Eric Balchunas (@EricBalchunas)
2:14 PM • Aug 8, 2023
