Viewpoint: BlackRock's BTC short film 'Cannot guarantee that the supply of 21 million coins will not change' is just a general disclaimer

Odaily Planet Daily news, on December 18th this year, BlackRock released a short film introducing Bitcoin, in which the subtitle stated that the bank ‘cannot guarantee that the 21 million BTC supply will not change,’ causing market fluctuations and making Bitcoin supporters feel uneasy. Suspecting that Large Investors in the market intend to influence the Bitcoin protocol or implement a ‘Hard Fork’ to increase the BTC supply. However, Li Zhiwei, President of the Science and Technology Network of the Hong Kong Science Park, stated that some market participants speculate that BlackRock intends to increase the BTC supply. However, the statement made by BlackRock in the film is actually just a general disclaimer. As Large Investors in BTC, increasing the supply is not beneficial to BlackRock because once the BTC supply increases, its BTC Spot ETF will also decrease in value. (Hong Kong Wen Wei Po)

BTC-2.7%
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