Will Blackrock control BTC?

[harapan]

Hey guys how y'all enjoying this bull run? So something got me thinking after reading this news about Blackrock filing to get more BTC for their Global Allocation Fund.
Y'all can read the news here, it's a minute or 2 minute read: https://cointelegraph.com/news/blackrock-buy-spot-bitcoin-etf-global-allocation-fund

I mean, the funds coming from ETFs are really showing its worth. I can see the excitement on everyone's faces that bought BTC. I also have benefited a lot from it, engaged in different events like the Welcome to bull run on Bitget, some farming airdrops on Binance and many more.

But then again, do you think this might back fire on us in the longer term? We all know what these men are all after is to be in control and that's why BTC came into reality cancelling all that making everyone their own Government of their assets.

Blackrock seems to be very interested in participating in bitcoin's activities,and it seems like most persons are not happy with this blackrock intentions and exposure in the crypto industry.

BlackRock had previously launched a blockchain-themed ETF, a clear signal of intent,and since then,blackrock has announced their partnership and involvement in the crypto industry.

I don't think they have bad intentions in trying to be noticed and popular through the crypto space,Although,many people admire,proceeds and anticipate the positive influence of blackrock in the crypto industry.If blackrock is aiming at an inappropriate dominance over bitcoin,I think they should reconsider their subjective intiative.

[SeriouslyGiveaway]

But then again, do you think this might back fire on us in the longer term? We all know what these men are all after is to be in control and that's why BTC came into reality cancelling all that making everyone their own Government of their assets.

They're trying to control the supply of Bitcoin, but that doesn't mean they're going to control the Bitcoin you are owning, so it's not something that's going to affect us in the long run. Any valuable asset must follow the law of supply and demand. You should remember that they need to control the supply of Bitcoin to serve their ETF, if they make the price of Bitcoin too volatile, it won't do them any good of selling Bitcoin ETF to retail investors like us. I think they are trying to control the supply of Bitcoin to help them become the largest Bitcoin ETF Fund, and knock out the remaining competitors, thereby regulating the market development in a more sustainable way. Helps retail investors feel more secure with this type of asset. We are just small investors so we should not go against them. Instead of paying too much attention to what they are doing, we should try to accumulate as much Bitcoin as possible.