Today, there is a lot of writing that BlackRock has started ad | Token Daily

Today, there is a lot of writing that BlackRock has started adding bitcoin to its Global Allocation Fund for passive investors. Even details are given in the form of the number of clients of the company and the size of the fund. Allegedly, 0.32% of their investments are able to buy all BTC stocks on the exchanges.

Nice excuse to convince the crowd to buy. But only institutionals are more likely to dump and buy on the bottom than to pump and buy on the rise.