BlackRock’s Larry Fink wouldn’t have committed the company to a spot Bitcoin ETF filing unless he saw massive pent-up demand, according to Josh Frank, CEO of The Tie, which provides a comprehensive digital assets workstation for institutional investors. Frank joined Kitco News reporter Ernest Hoffman to look at the various potential outcomes of the spot Bitcoin ETF filings, and how SEC Chair Gary Gensler could frame their approval as a vindication of his hardline stance. They also discuss different triggers that could spark a BTC rally.
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0:00 - BlackRock’s crypto unit is massive 3:10 - ETF filing shows confidence in crypto, not just BTC 4:53 - Pent-up institutional demand 10:32 - Coinbase’s role as SSA partner 16:49 - First-mover advantage 18:31 - Impact of approvals 21:31 - Impact of delays 24:24 - Impact of denials 26:50 - Bitcoin indicators to watch
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