Black Rock could chose another btc among past forks?

[nondormomai]

Hi everyone

wainting for the next spot ETF, I ask you: in case of fork, BR could chose only among further forks or among past and further forks?

I will appreciate if someone can link the BR documentation, if possibile.

Here (https://forkdrop.io/how-many-bitcoin-forks-are-there) there is a list of all BTC forks.

Thank you

[franky1]

if you actually read blackrocks actual policy it mentions about fork decisions, you will see they base it on many factors.. none of which suggest they will move to an altcoin already created

its about future forks where there might be some contention about what the community decide.. and blackrock will go with the best case of what the community also follow

part of the factors is to follow the chain with most economic services, maintained by core devs and has most work
the clause does allow them sole discretion but this is usually of a fork done by core devs actually causes more problems, where the unaltered version remains active they will go with the unaltered version. but again they do state its based on many factors which include miners, devs, services

[ZAINmalik75]

Hi everyone

wainting for the next spot ETF, I ask you: in case of fork, BR could chose only among further forks or among past and further forks?

I will appreciate if someone can link the BR documentation, if possibile.

It totally depends on BR and what fork they will choose, I checked your website and it consists of good information and but it is not very accurate though like it did not mention LTC while it only mentioned LTC's fork which are 4 forks according to the website you gave. To be honest, I don't think other than BTC, BCH, LTC there is any other fork of BTC that is doing good, and the halving of LTC has already happened and it still has not started its bull run.

This is a bad sign and I don't have any much knowledge about BCH but if BR wants to make money then BTC and ETH are the main sources they will go after. I must say, you should be worrying about BTC ETF approval first because other's forks are not that important.

[siedemtrzy]

They could, but I don't see any reason why. BTC is the top 1 and choosing something else without approving BTC ETF would be really strange.

[moneystery]

blackrock is an investment company that has many professionals who work day and night in analyzing and determining which instruments are most profitable for them. of course they have requirements that must be met for an instrument/share, so that they can invest in it, such as future potential, adoption in society, sustainability, etc., they have very careful consideration to determine their position before they invest. so whether it's bitcoin, ethereum or another fork, it has definitely passed their assessment and it's definitely a choice that can benefit them.

[Hamza2424]

They could, but I don't see any reason why. BTC is the top 1 and choosing something else without approving BTC ETF would be really strange.

What? I can't get what you are quoting this out, on Op, or just a general statement because Op is having concerns about Bitcoin's Future forks and the Black Rocks policy for the Bitcoin forks.

TBH BlackRock will must have some better plans.

[philipma1957]

Hi everyone

wainting for the next spot ETF, I ask you: in case of fork, BR could chose only among further forks or among past and further forks?

I will appreciate if someone can link the BR documentation, if possibile.

Here (https://forkdrop.io/how-many-bitcoin-forks-are-there) there is a list of all BTC forks.

Thank you

They can do what they are approved for.

No one knows as of today.

[franky1]

because blackrock has to rely on a custodian and a indexer(coinbase.com for instance) it is more reliant on the communities maneuvers of what the community decide a future fork the community follows

blackrocks own ETF filing show it considers things like what path the core devs take and what the majority of economic nodes(services) and miners follow aswell as their custodian and price indexer..

...
whatever tin foil blog the OP read.. is not a blog that done any research

..
here is a quick 5 second bit of research that will calm the OP's paranoia

In the event of a hard fork of the Bitcoin network, the Sponsor will, as permitted by the terms of the Trust Agreement, use its sole discretion to determine, in good faith, which peer-to-peer network, among a group of incompatible forks of the Bitcoin network, is generally accepted as the Bitcoin network and should therefore be considered the appropriate network for the Trust’s purposes. The Sponsor will base its determination on whatever factors it deems relevant, including but not limited to, the Sponsor’s beliefs regarding expectations of the core developers of bitcoin, users, services, businesses, miners and other constituencies, as well as the actual continued acceptance of, mining power on, and community engagement with, the Bitcoin network, or whatever other factors it deems relevant.

[boyptc]

I don't think that there will be anymore fork that they'll be interested in. But said as such, they can do whatever they want as long as it is intended and indicated as part of their approval.

But IMO, that doesn't make sense if they're approved for BTC Spot ETF and then there goes a fork and they'd jump over that. In paper, I don't think that it's even possible to do it on an instant. With all and such, there are processes but they're already for Bitcoin.

[nelson4lov]

I don't really have much to contribute to this topic other than the fact that I don't see Black rock going over the stress and due diligence of getting a Bitcoin spot ETF approved only to chose a fork over Bitcoin. It's business for Black Rock and they wouldn't be pushing Bitcoin ETF so hard if there'd be nothing for them at the end of the day when it's all said and done.

I don't think that there will be anymore fork that they'll be interested in. But said as such, they can do whatever they want as long as it is intended and indicated as part of their approval.

But IMO, that doesn't make sense if they're approved for BTC Spot ETF and then there goes a fork and they'd jump over that. In paper, I don't think that it's even possible to do it on an instant. With all and such, there are processes but they're already for Bitcoin.

At best, they'd have to file another application which will most likely get rejected because every other fork of Bitcoin is either shady or bad for business.

[boyptc]

I don't think that there will be anymore fork that they'll be interested in. But said as such, they can do whatever they want as long as it is intended and indicated as part of their approval.

But IMO, that doesn't make sense if they're approved for BTC Spot ETF and then there goes a fork and they'd jump over that. In paper, I don't think that it's even possible to do it on an instant. With all and such, there are processes but they're already for Bitcoin.

At best, they'd have to file another application which will most likely get rejected because every other fork of Bitcoin is either shady or bad for business.

That's what we know but who knows if there are some clause that it's possible. But with that, let's just keep it as is and let them handle their own problems whenever they encounter one.

And for now, there's no ETF approved yet for the recent ones that's been filed. Yes, there were some Bitcoin ETFs in some places but this from US SEC will make more demand, noise and FOMO.

[nelson4lov]

At best, they'd have to file another application which will most likely get rejected because every other fork of Bitcoin is either shady or bad for business.

That's what we know but who knows if there are some clause that it's possible. But with that, let's just keep it as is and let them handle their own problems whenever they encounter one.

And for now, there's no ETF approved yet for the recent ones that's been filed. Yes, there were some Bitcoin ETFs in some places but this from US SEC will make more demand, noise and FOMO.

Well, there's not much we'd be able to do until the ETF is approved. Like you said, there's no way we'd know the terms or cplauses of the filing. This ETF is going to get approved. I've already started seeing some commercials about Bitcoin ETFs plus it's been a long time coming. I saw a report that BlackRock was seriously shopping and accumulating Bitcoin at the heart of the bear market so they do have a skin in the game if the story was indeed true.

[boyptc]

At best, they'd have to file another application which will most likely get rejected because every other fork of Bitcoin is either shady or bad for business.

That's what we know but who knows if there are some clause that it's possible. But with that, let's just keep it as is and let them handle their own problems whenever they encounter one.

And for now, there's no ETF approved yet for the recent ones that's been filed. Yes, there were some Bitcoin ETFs in some places but this from US SEC will make more demand, noise and FOMO.

Well, there's not much we'd be able to do until the ETF is approved. Like you said, there's no way we'd know the terms or cplauses of the filing. This ETF is going to get approved. I've already started seeing some commercials about Bitcoin ETFs plus it's been a long time coming. I saw a report that BlackRock was seriously shopping and accumulating Bitcoin at the heart of the bear market so they do have a skin in the game if the story was indeed true.

Yeah, we're all feeling the same that it's likely to get an approval from the SEC. With the news came out that they've been in talks for several times.

That means that there can be like more chances of seeing this live soon. But until it gets an approval, we should still insist that we have to wait and halving as it is going to be the major event of next year if we don't see any approval at all.

[OcTradism]

Hi everyone

wainting for the next spot ETF, I ask you: in case of fork, BR could chose only among further forks or among past and further forks?

I will appreciate if someone can link the BR documentation, if possibile.

Here (https://forkdrop.io/how-many-bitcoin-forks-are-there) there is a list of all BTC forks.

You can do your quick search with some key information you need to find.

Market cap.
Network hash rate.

With this, you will figure out that any of those Bitcoin forks deserve to be considered by Black Rock for Spot ETF applications. I guess there is no fork meets their criteria.

It is too early to discuss about Spot ETF for alternative cryptocurrencies while we have yet had even one for Bitcoin.

If anything is more than Bitcoin Spot ETFs, it will be Ethereum Spot ETFs. You must look at top cryptocurrencies in market cap first.

Compare Bitcoin and forks
Hash rate: https://bitinfocharts.com/comparison/hashrate-btc-bch-bsv-nmc.html#3y
Choose BTC, BCH and BSV: https://blockchair.com/compare

[yhiaali3]

This is a premature question, I don't think BlackRock itself knows what the appropriate decision would be in the event of a hard fork in Bitcoin.

I think they will simply choose the fork that is approved by the majority of the Bitcoin community, as large businesses looking to survive it is natural that they will choose the option that is most compatible with the Bitcoin community because this community represents a popular base for all companies that want to invest in Bitcoin.

[Fundamentals Of]

Forget about past forks. BlackRock doesn't care about them. If they do, they should have applied for its spot ETF and not the original Bitcoin's spot ETF. But they are currently applying for Bitcoin spot ETF and not Bitcoin Cash spot ETF or Bitcoin Satoshi's Vision spot ETF or Bitcoin Gold spot ETF. That simply means they are interested only in Bitcoin and not its past forks. As for future forks, just as anybody else, they have the choice to choose which side is the best.

[Gladitorcomeback]

As far I know black rock will be looking for the best fork which community accept it or in other words The fork where high percentage of community using it. Besides BTC, Eth and Sol is also in the spot of many ETF companies and maybe Black rock also go for it.

BTW the researcher team of Black rock will do full research before bringing any new ETF or choose fork among many forks. Their first priority would be definitely security where fund totally secured and then market cap and many other factors which will be decided at time of choosing it and no one could speculate from now with full surity.

[franky1]

As far I know black rock will be looking for the best fork which community accept it or in other words The fork where high percentage of community using it. Besides BTC, Eth and Sol is also in the spot of many ETF companies and maybe Black rock also go for it.

correct

BTW the researcher team of Black rock will do full research before bringing any new ETF or choose fork among many forks. Their first priority would be definitely security where fund totally secured and then market cap and many other factors which will be decided at time of choosing it and no one could speculate from now with full surity.

not so correct
its not about market cap.. market cap is a meaningless number.. its just bitcoin price multiplied by coins rewarded since genesis

their actual factors are what the main services, users and pools follow and declare as bitcoin
i would say their custodian/price indexer will be their main deciding factor. else they would need to move coins out of coinbase.com and find another custodian/indexer and declare it with SEC which takes time.. should they want/need to separate from coinbases definition of which fork they follow

(putting tin foil on head)
however BR could sway coinbase to follow a less preferred future fork, and then BR could NYA mandate pools follow the less preferred fork. to manipulate economic nodes and miners to prefer a fork that veers away from general users fork /node preference.. whom, the general users are pushed to support the fork due to the manipulations, by upgrading node to follow the services.. else not get their transactions seen .. after all if main services only accept fork X. user then follow fork X

[suzanne5223]

Hi everyone

wainting for the next spot ETF, I ask you: in case of fork, BR could chose only among further forks or among past and further forks?

I will appreciate if someone can link the BR documentation, if possibile.

Here (https://forkdrop.io/how-many-bitcoin-forks-are-there) there is a list of all BTC forks.

Thank you

Firstly, BlackRock's acknowledgment of Bitcoin was caused by its investors, so they are following order and their updates spot Bitcoin ETF proposal shows they are after BTC, not BTC fork coin. However, they are planning to treat BTC like a fungible token to implement cash redemptions for the benefit of some institutional Banks that are restricted/hate BTC but want to benefit from it.
Another spot ETF I believe they will work on is Ethereum.