BlackRock - The Next Move After the Bitcoin ETF

As primarily a gold and commodities guy, I've been watching the crypto space for some time with some decent exposure to BTC, and recently have built a small alt coin and meme coin portfolio with the help of my nephew. With that said, when the BlackRock BTC ETF was approved, I was shocked because this is much bigger news than the crypto community here is taking for at face value.

A long time ago I remember saying to my nephew who was involved in crypto "it's an outright scam". Over the years my opinion has shifted and with BlackRock arriving, I believe that things are going to become even more legitimate. BlackRock is not here to "dabble" in crypto or to stop at just an ETF. They are here to win and I can assure you this as the boomer in this group who has been observing with a BTC investment since 2017.

This company is not going to stop at the ETF. Larry Fink clearly has greater plans and it is important to watch the moves BlackRock makes - Fink is explicit about pushing further into the world of tokenization (https://www.youtube.com/watch?v=HTveRlW7QPo).

I have no idea what their next steps are going to be, but I’m certain that there will be something. They have already teamed up with Coinbase as their ETF custodian and Coinbase has a real legal team, which makes them the most obvious continued crypto partner for anything and everything Blackrock will want to do. BlackRock is very smart in this sense because crypto is seen as a risk, as a scam. BlackRock knows this and will use Coinbase as an ally to continue its crypto mission for this very reason.

Now here is where things get interesting. My nephew has been explaining to me how the memecoin market works. Keep in mind he trades them in and out, but I’m more interested in holding the right coins for the rest of the year. Like gold and BTC, something I could hold and not look at for some time. When I first looked at these Memecoins charts I was suspicious, but the great George Soros has taught me that it’s much smarter to be early to a bubble then to avoid it altogether, so I have kept as open of a mind as possible. He also says to rush to join the bubble, and so I think everyone is now doing just that.

This is going somewhere I promise…my nephew was over for a family BBQ today and told me he bought a coin called "Black Rock" on Coinbase’s Base chain, but that it’s funny to him because it’s just a Black Rock. He showed me the website and it is just a picture of a rock. But then the lightbulb in my head went off. If we pay close attention to Blackrock’s plans, and Larry Fink’s interview, then it’s only a matter of time before a headline hits talking about how BlackRock and Coinbase are working on their next great venture together. When that happens I think the ROCK token that my nephew shared with me has the chance to be "the big one" for Base chain.

When I mention that BlackRock is not here to "dabble" they are here to win, I mean there strategy is not starting and stopping with an ETF. The evidence is clear that Coinbase is the best possible partner for BlackRock. The odds that a headline creates immense FOMO in a Black Rock token on Base chain seems very high to me, and in my opinion is an amazing risk/reward that has resulted in me crafting this analysis to share with all of you. You won’t see me on here much, but hopefully this post ages very well.