Blackrock Sees A Big BTC Bitcoin Move Coming

Blackrock Sees A Big BTC Bitcoin Move Coming

hey everybody hold on hey everybody economic ninja here I hope you are doing great you know what’s doing great the price of Bitcoin yep it’s going up and black rock sees a big move coming it’s weird he’s black rock must be watching this Larry are you watching the ninja we’re talking about Bitcoin we’re talking about Sovereign funds we’re talking about Pension funds moving into Bitcoin and that is exactly when we’re talking about the ETFs it’s exactly what Black Rock just came out and talked about says the asset manager has been helping educate Pension funds endowments and Sovereign wealth funds about the new spot Bitcoin ETF products black Rock’s head of digital assets said to say this is big news is an understatement when it comes to the adoption and understanding of Bitcoin for a couple different reasons please understand this you have like the biggest fun on the Block right the Big Boy The Big Kahuna out there educating all of these Sovereign funds Pension funds about Bitcoin there’s two things that are going to happen one thing is they’re going to start buying because if block rocks behind it they know they’re going to make money all right regardless what we all think about Black Rock they make money that’s why they’re big and a lot of funds around the world want to follow in their footsteps and be successful here’s the other thing that’s going to happen the people that run these funds also have a lot of money themselves they go home they live their own lives they watch their kids play soccer baseball whatever all around the world they’re very successful people they drive fancy cars wear fancy suits and live in big fancy homes once they get this information as they pitch it to their fund managers their fellow fund managers they’re going to be buying it themselves in their own coinbase Gemini C coin binance accounts all around the world and the more wealthy people that understand what’s going on with Bitcoin the more it gets bought up that’s it okay we’re in that cycle uh so a couple things uh that black Aros to saying I want to actually tell you too if anybody wants to be a part of the free AMA the crypto AMA I’ve got uh Bitcoin business accelerator author showing up I’ve got a professional crypto Trader showing up next Wednesday There’s a link down to the the newsletter and you’ll be receiving an email like a two days before to sign up and there’s a limited uh space I think a thousand people can get in there because of Zoom so it says here and this is coming from Black Rock financial institutions are holding uh diligence and research conversations with black rock playing an educational role said Robert M mitnik the firm’s head of digital assets Black Rock has been talking about Bitcoin to these sorts of Institutions for several years while becoming the biggest spot Bitcoin ETF would be an impressive Milestone Black Rock says it it isn’t really focused on the size competition with grayscales uh gbtc fund now it says here don’t be fooled by the first break in inflows into spot Bitcoin exchange ex traded funds after 71 straight days the current lull is likely to be followed by a new wave from a different type of investor said Robert mitnik head of digital assets for Black Rock the world’s largest asset management company this is this is a big this is awesome the coming months could see financial institutions such as Sovereign wealth funds Pension funds and endowments start to trade in the spot ETFs mitchnick said in an interview the firm is seeing a re a re uh ignation and I can’t even read that darn word I’m not even going to try initiation Ninja some coffee the firm is seeing a reinitiation of the discussion around Bitcoin which turns on the topic of allocating to bitcoin and how to think about it from a portfolio constructive perspective he goes on to say many of these interested firms whether we’re talking about pensions endowments Sovereign wealth funds insurers other asset managers family offices think about just the insurers insurance is such a massive piece of our financial uh landscape in the world if you start getting insurance companies putting money into this holy cow and having ongoing diligence and research conversations we’re playing a role from an education perspective Mitch Nick said and the interest is not New Black Rock has been talking about Bitcoin to these sorts of Institutions for several years he said this is the key to take away from this news story The Black Rock ETF just rolled out right yet Black Rock has been priming all of these funds for years what does that tell you when I told you a long time ago that Bitcoin is going to be going to stratospheric Heights because of institutional buyers this is years ago it’s because Black Rock was already on it they’re already talking about it because whether or not they had a fund buying and selling Bitcoin on an exchange traded fund or an ETF they were out there buying it themselves like I gave you the example of the fund managers that have a life they have families they’ve got fancy cars fancy suits they’re out there buying it and the people that I know I will tell you this personally and actually type one if you agree the type of person that buys Bitcoin and actually knows how to buy it on an exchange take it off the exchange and put it on a wallet and then go back to maybe another exchange with it and sell it right that’s a different type of person it’s a person that thinks very critically uh you really an analytical type of person and someone that breaks down um things totally different type of person all right so there’s a lot of people that spout out all kinds of crap like it’s a scam it’s vaporware it’s like yeah yeah have you looked at what’s going on with the US Dollars like there’s only like what is it 2.3 trillion trillion US Paper dollars in existence all these people that think their money’s in the bank you’re smoking weed I don’t know what you’re smoking probably crack just crack is whack but think about this just the government debt how much is it right now it’s in the 30 trillion range right now I don’t even pay attention it doesn’t mean anything anymore you want to talk about vaporware it’s called the US dollar now do I believe that you’re going to be out there running around buy using Bitcoin to buy stuff pizzas and all stuff no I don’t because it’s going up so much people be afraid to spend it and in that just so you know and yes do I think the CIA invented it heck yeah I do everyone loves to do that oh the CIA invented it stay away from it I’m like yeah I’m sorry my digits keep going up this was the intermediary I believe to get most people onto the digital dollar that that’s it okay let’s just let’s just call a spade a spade call it out right here do I believe that some government entity created bitcoin a long time ago absolutely I do do I believe am I making money absolutely I am I I don’t know what this to tell you because the at the end this plan is going to work and everybody’s going to be forced onto a digital currency do you have no choice people are like oh I’ll just buy gold and silver and I’ll trade in it they’ll people will stab you if they catch you with that someday no that’s that’s just not going to work but hey you know what then again I think that I’m a level thinker if you agree with that sentiment type two and then to all the people just getting mad in their armchair sitting back going I know it’s a scam cool copy just sit back and enjoy you’re what what are you doing right now with yourself I don’t I don’t know I’m going to make money and I’m trying to wake the whole world up the middle class to go make money themselves so they could be wealthy see this is the reason why rich people are rich and poor people are poor that’s how life works it’s just weird see all the people typing too they get it but you know then again there’s always some people sitting in their bunker with their MREs and their their stash of silver saying I’m never selling okay copy enjoy your cave weird this video took a weird turn hey look if you want go and check out the AMA it’s free it’s uh limited I believe a thousand people can get on because the zoom stuff uh the link down below to the uh newsletter and you’ll get an email in the next few days allowing you to register for the AMA and we’re going to be talking Trends we’re going to be talking charts we’re going to have uh uh uh Dylan talking about fundamentals it’s going to be awesome can’t wait I’m I really I know there are a lot of people that got a lot out of the last AMA and that’s why we decided to do it again so hope you got something out of this and thank you so much for watching the economic Ninja is out

Blackrock Sees Big #BTC #Bitcoin Move Coming.
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