But what about price suppression schemes, similar to the ones that big banks have historically used to tamper the price of gold? Bitcoin’s design characteristics largely shield it from the type of price manipulation that traditional assets like gold have historically experienced. Unlike gold, whose physical nature makes it hard to verify, assay, secure and transport — leading to dependency on futures contracts that can be manipulated — bitcoin exists on a transparent and immutable ledger.

Check out this article on Bitcoin Magazine: https://bitcoinmagazine.com/markets/the-arrival-of-blackrock-bitcoins-first-spot-etf?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share