That would be the far more concerning situation to me. Blackrock sells paper bitcoin, they amass a huge stack. They give said stack to the government.

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Dunno. The line between government and institutional interests is so blurry I can’t even differentiate them anymore.

If this was GME Apes yeah, they might sell.

Do you really think Bitcoin HODLers are gonna sell when Blackrock is sponging up liquid supply? Particularly when HODLing longer just drives up the fiat price?

What concerns me is people giving BR amo to play with, on top of the amo they already own.