Over $9 billion asset manager BlackRock is attracting a lot of attention from the community with the BlackRock Bitcoin ETF and asking for Coinbase.$BTC

BlackRock Bitcoin ETF is under scrutiny, with claims circulating that the firm pressured Coinbase to ensure Bitcoin holdings are fully on-chain, avoiding "paper BTC." Bloomberg analyst Eric Balchunas highlighted BlackRock's trusted reputation due to its long history of securely managing ETFs.