BlackRock's Bitcoin ETF Filing Sparks Debate Among Crypto Experts.

With the possibility of BlackRock's Bitcoin ETF approval, the financial industry is looking for a simple story to tell about Bitcoin. While Bitcoin can be viewed as an uncorrelated asset, an inflation hedge, or a tool for financial inclusion, the industry is likely to gravitate towards the "digital gold" narrative, framing it as a long-term store of value. This framing may strengthen regulatory positions that curtail Bitcoin's usage growth, but the Bitcoin protocol is unstoppable and innovators will find ways to engage with Bitcoin use cases without being ensnared in regulatory binds.