Why is blackrock getting into Bitcoin a good thing?

So… if Bitcoin is a commodity aka digital gold. Won’t blackrock / JP Morgan / GS just spoof Bitcoin like they do with gold and commodities? And push the price down into nothing? I’m curious. On one hand I’m excited at the amount of $$ coming into Bitcoin but larger industry players mean they take control and tank/ pull the market when they want

submitted by /u/vhef21
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