Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Ethereum breaks the most important price level – Has the ETH rally just started?

2025-05-11

Are Bitcoin and Ethereum at the point to suffer a liquidation nightmare? – Judgement …

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization
Bitcoin

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

2023-08-23No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Arthur Hayes believes that Bitcoin ETFs from BlackRock, Fidelity, etc. would harm decentralization. 
  • Hayes recently stated that ETFs from TradFi giants could interfere with crypto mining firms. 
  • The crypto entrepreneur projected that BTC will continue to hover around the $25,000 level in Q3 2023. 
  • Hayes added that the U.S. Federal Reserve’s policies would eventually trigger a crypto rally. 

Arthur Hayes, the visionary entrepreneur behind crypto exchange BitMEX, believes that the traditional finance sector’s increasing interest in Bitcoin ETFs will end up harming the broader crypto industry by bringing down decentralization. The BitMEX founder added that the United States Federal Reserve will play a considerable role in triggering the next crypto rally. 

Arthur Hayes: Bitcoin To Hover Around $25k In Q3 ‘2023

In a crypto trader digest published earlier today, Arthur Hayes warned readers that traditional finance giants, including BlackRock, Vanguard, and Fidelity are not bothered about decentralization in the crypto space. According to the crypto entrepreneur, their bid to offer an exchange-traded fund (ETF) that tracks the price of Bitcoin is an attempt to centralize assets on their balance sheets. 

As per Hayes, in the event that the Securities and Exchange Commission (SEC) approves the several spot BTC ETF applications submitted over the past few months, banks and other financial regulators could restrict in kind restrictions of any crypto financial products offered. He added that the crackdown by U.S. regulators on crypto was aimed at discouraging small operators from offering crypto products. 

What I’m trying to say is that crypto itself was never the problem – this issue is who owns it.”

Arthur Hayes 

Arthur Hayes stated that once TradFi players start offering ETFs that track an index of publicly listed crypto mining firms, they will assume control of large voting blocks of the companies’ stocks. The asset management giants would then be able to interfere with management decisions, which would affect the ethos of the broader crypto industry. 

See also  Why does crypto crash? Explaining the current market that takes the market

Hayes believes that the Federal Reserve’s monetary policy in the face of the current economic landscape in the United States will eventually add cash to the economy. He added that cash would need a “home in finite-supply financial assets like crypto,” which could induce a crypto rally. As for Bitcoin, Hayes projected that the flagship cryptocurrency would continue to hover around $25,000 in Q3 ‘2023.

Source link

Arthur Bitcoin BlackRocks decentralization ETF Harm Hayes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Are Bitcoin and Ethereum at the point to suffer a liquidation nightmare? – Judgement …

2025-05-11

Bitcoin ETFs hit $ 40 billion intake and set the historical crypto record

2025-05-11

Bitcoin Advanced NVT is above this critical threshold – what it means for price action

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Why Scaramucci Predicts Bitcoin [BTC] to reach $400,000 by 2025

2024-02-06

Assessing TON’s price breakout and where altcoin could go next

2025-01-05

Is the worst over? Experts weigh in

2024-03-20
Editors Picks

US government Blacklists Slew of Bitcoin and Monero addresses linked to the man accused of running DarkNet Marketplace

2025-03-06

US Lawmakers Call on DOJ, SEC to Investigate Prometheum, Citing Suspicions of “False Testimony” and Securities Law Violations

2023-07-10

Bitcoin: Short-Term Holders Are Panicking, Should You Follow Suit?

2024-04-04

BlackRock Amends Application for Spot Ethereum (ETH) ETF S-1 with SEC as Approval Process Enters Second Phase

2024-05-30
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

Ethereum breaks the most important price level – Has the ETH rally just started?

Are Bitcoin and Ethereum at the point to suffer a liquidation nightmare? – Judgement …

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,278.450.67%
  • ethereumEthereum(ETH)$2,515.655.27%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-0.43%
  • binancecoinBNB(BNB)$657.82-0.14%
  • solanaSolana(SOL)$174.171.55%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2338134.37%
  • cardanoCardano(ADA)$0.800.55%
  • tronTRON(TRX)$0.261766-0.88%
  • suiSui(SUI)$3.980.41%
  • chainlinkChainlink(LINK)$16.612.19%
  • avalanche-2Avalanche(AVAX)$24.752.50%
  • stellarStellar(XLM)$0.3053260.67%
  • shiba-inuShiba Inu(SHIB)$0.0000161.36%
  • hedera-hashgraphHedera(HBAR)$0.207301-0.31%
  • the-open-networkToncoin(TON)$3.390.12%
  • hyperliquidHyperliquid(HYPE)$24.62-3.26%
  • bitcoin-cashBitcoin Cash(BCH)$413.24-1.62%
  • polkadotPolkadot(DOT)$5.06-0.87%
  • litecoinLitecoin(LTC)$101.31-1.61%
  • unus-sed-leoUNUS SED LEO(LEO)$8.24-5.26%
  • piPi(PI)$0.9529.77%
  • moneroMonero(XMR)$325.731.92%
  • bitget-tokenBitget Token(BGB)$4.810.47%
  • pepePepe(PEPE)$0.000013-0.92%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$7.097.64%
  • bittensorBittensor(TAO)$454.761.18%
  • nearNEAR Protocol(NEAR)$3.217.57%
  • aptosAptos(APT)$5.942.94%
  • okbOKB(OKB)$55.711.38%
  • aaveAave(AAVE)$220.510.13%
  • ondo-financeOndo(ONDO)$1.030.56%
  • ethereum-classicEthereum Classic(ETC)$19.841.81%
  • internet-computerInternet Computer(ICP)$5.612.22%
  • kaspaKaspa(KAS)$0.1060980.87%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.75-3.55%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2614450.92%
  • gatechain-tokenGateToken(GT)$22.10-0.27%
  • render-tokenRender(RENDER)$5.211.89%
  • vechainVeChain(VET)$0.0309140.78%
  • crypto-com-chainCronos(CRO)$0.099861-2.19%
  • mantleMantle(MNT)$0.781.48%
  • ethenaEthena(ENA)$0.4015046.09%
  • arbitrumArbitrum(ARB)$0.46324218.72%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • filecoinFilecoin(FIL)$3.163.35%
  • algorandAlgorand(ALGO)$0.2424312.54%
  • bitcoinBitcoin(BTC)$104,278.450.67%
  • ethereumEthereum(ETH)$2,515.655.27%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.37-0.43%
  • binancecoinBNB(BNB)$657.82-0.14%
  • solanaSolana(SOL)$174.171.55%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2338134.37%
  • cardanoCardano(ADA)$0.800.55%
  • tronTRON(TRX)$0.261766-0.88%
  • suiSui(SUI)$3.980.41%
  • chainlinkChainlink(LINK)$16.612.19%
  • avalanche-2Avalanche(AVAX)$24.752.50%
  • stellarStellar(XLM)$0.3053260.67%
  • shiba-inuShiba Inu(SHIB)$0.0000161.36%
  • hedera-hashgraphHedera(HBAR)$0.207301-0.31%
  • the-open-networkToncoin(TON)$3.390.12%
  • hyperliquidHyperliquid(HYPE)$24.62-3.26%
  • bitcoin-cashBitcoin Cash(BCH)$413.24-1.62%
  • polkadotPolkadot(DOT)$5.06-0.87%
  • litecoinLitecoin(LTC)$101.31-1.61%
  • unus-sed-leoUNUS SED LEO(LEO)$8.24-5.26%
  • piPi(PI)$0.9529.77%
  • moneroMonero(XMR)$325.731.92%
  • bitget-tokenBitget Token(BGB)$4.810.47%
  • pepePepe(PEPE)$0.000013-0.92%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$7.097.64%
  • bittensorBittensor(TAO)$454.761.18%
  • nearNEAR Protocol(NEAR)$3.217.57%
  • aptosAptos(APT)$5.942.94%
  • okbOKB(OKB)$55.711.38%
  • aaveAave(AAVE)$220.510.13%
  • ondo-financeOndo(ONDO)$1.030.56%
  • ethereum-classicEthereum Classic(ETC)$19.841.81%
  • internet-computerInternet Computer(ICP)$5.612.22%
  • kaspaKaspa(KAS)$0.1060980.87%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.75-3.55%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2614450.92%
  • gatechain-tokenGateToken(GT)$22.10-0.27%
  • render-tokenRender(RENDER)$5.211.89%
  • vechainVeChain(VET)$0.0309140.78%
  • crypto-com-chainCronos(CRO)$0.099861-2.19%
  • mantleMantle(MNT)$0.781.48%
  • ethenaEthena(ENA)$0.4015046.09%
  • arbitrumArbitrum(ARB)$0.46324218.72%
  • usd1World Liberty Financial USD(USD1)$1.00-0.07%
  • filecoinFilecoin(FIL)$3.163.35%
  • algorandAlgorand(ALGO)$0.2424312.54%