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BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes

Posted on 10/13/2023

BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes

BitMEX co-founder Arthur Hayes expresses concern that BlackRock's potential entry into the Bitcoin sector could shift its foundational tenets. As the asset management giant awaits SEC approval for a spot Bitcoin ETF, Hayes questions if the move might undermine Bitcoin's key attributes like decentralization.

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