The world’s top AUMs, such as Fidelity, Ark Investing, BlackRock, and Vanguard have all filled SEC applications for Bitcoin ETFs. SEC has no reason to convince big banks like BlackRock and ignore buying Bitcoin funds. There is close to a trillion USD worth of global investments across all AUMs and even if the SEC openly does not approve of Bitcoin ETFs, there is only money from institutions and big people, and BlackRock and Vanguard will be able to create their own platforms. Although we believe that if a bank asks for a Bitcoin ETF from the SEC, then the Chairman of the SEC can refuse at any time, here every bank is asking for a Bitcoin ETF from the SEC, so the SEC also feels that the in future of Bitcoin will be the best asset. No bank or AUMs would want any such assets to go out of their hands.
Is BlackRock and banking employee’s jobs are at risk after Bitcoin ETF approved?
For now, BlackRock, Fidelity, Vanguard, and ARK Investing are also able to find new employees such as web3 business partners, creators, investors, and managers who can manage Bitcoin ETFs in a similar manner. After Bitcoin is accepted in BlackRock and Fidelity, the way of doing some jobs will also change and many employees’ jobs may also be at risk and they may not be able to work on a Bitcoin–based framework. For now, BlackRock has more work in the most in funds, management, interest rates, developments, investing, large payment processing, and digital payment solutions. Because most of its big funds are made by BlackRock, no matter how rich the businessman is. All banks will surely invest a little bit for the future if the demand for that thing is increasing, Bitcoin is also limited and is the most secure payment protocol in the world.
Why World’s $25Trillion USD going to invest in Bitcoin after BlackRock ETF was approved?
BlackRock is also hiring new clients, business owners, and employees for their Crypto payment solutions and digital CBDC to secure long-term investing and securities under the SEC rules and GrayScale Bitcoin trust. The world’s top banks are also eyeing BlackRock, Fidelity, Vanguard, and GrayScale because if they get a Bitcoin ETF then even the world’s top banks and Asset Under Managements can tie up with BlackRock and GrayScale for Bitcoin ETFs in their respective countries. BlackRock’s Bitcoin ETFs application is under review and the SEC still has thoughts about Bitcoin acceptance to grow the digitalization and decentralization with CBDC, Digital Payments, and international investors. Top investors include BlackRock, SSgA Funds, Temasek Holdings, Charles Schwab Investment, Capital Research, Morgan Stanley, and Wells Fargo & Company have green eyes on Bitcoin ETFs to grow the Virtual crypto or digital market cap to increase the global investing dominance across the Bitcoin.