What is happening with BlackRock?The news has been breaking the past 12 hours.And also what's happening with Grayscale and the SECThere's the Bitcoin Spot ETF going to be passed any moment now, so let's get it caught up.October 16th we saw some fake news circulating that the Black Rock iShares Bitcoin Spot ETF has been passed. A week later there's more news leaking out.So definitely I think what was happening there a week ago was a testing of the waters.A warning for anyone who has not had any exposure to Bitcoin to go ahead and buy some while you can still really afford to get it.Of course Bitcoin is divisible up to 8 decimal points.You can always dollar cost average smaller prices, but if you want to get more bang for your buck, more Bitcoin for your buck, I think now is the time to really start assessing your dollar cost averaging strategy.Because now it's been announced that number one BlackRock has been seeding their ETF, which means they're purchasing Bitcoin. And BlackRock is not the only company that is applying for this Bitcoin spot ETF.

Basically it's one more thing to check off the list for BlackRock to have accomplished for their ETF to be ready to go.All they're waiting is for the official approval from the SEC.Between Arkan Vest, BlackRock, Invesco, Franklin Templeton and many others, they're all using basically the same formula on their application trying to get approval from the SEC.  And what's most important here is the recent court ruling that the SEC must re review.Go back over the grayscale spot ETF application and mind you, unless the SEC comes up with some new reason to reject Grayscale's ETF, they must pass it.And if they must pass grayscale, they're probably going to pass everyone else because the SEC cannot let grayscale have any kind of market share.Lead over BlackRock? What it So depending on this time frame of their RE review of the grayscale ETF, it's. I mean honestly, we're just we're just counting down the days until this is passed.If you want to know why a Bitcoin spot ETF is such big news, why people are so excited over it even though there was a futures ETF passed two years ago.Anyway, thank you for reading post.