RE: BlackRock and the Long-Awaited Bull Market

Aside from the usual volatility risk of cryptocurrency, Regulatory risk is something to look at when it comes to institutions that want to be involved in crypto. While cryptocurrency is supposed to be decentralized, autonomous and what not, the financial market world is not yet fully prepared with that given that majority still relies on fiat.

It's even quite funny that while Blackrock is filing its Bitcoin ETF with the SEC; its chosen custodian (Coinbase) is also being sued by the same regulatory firm. The policy lag in the crypto space is still huge; and has yet to be hurdled. But who knows, we only need a successful precedent to pave the way.