BlackRock's 5% MicroStrategy Stake: Threat to Bitcoin's Largest Whale?
BlackRock's acquisition of a 5% stake in Strategy and its growing influence in Bitcoin and Ethereum ETFs raise concerns about potential market manipulation and centralization, threatening Bitcoin's decentralized ethos as major institutional players aim to control large portions of the crypto market, which could lead to significant price swings and a shift in Bitcoin's identity from 'the people's money' to a Wall Street instrument.