I guess in this point I mean that they will have the clearest ability to affect price. Like J.P. Morgan spoofs gold prices by holding the largest share of the market, Blackrock will have the largest pool of liquidity to pump or dump the bitcoin market. Halving cycles will continue, A four year market cycle will continue, But in the recent 60 day cycle low, Blackrock took profits. This means they are the largest fork at the table. They are the biggest buyer today. Grayscale is the largest seller, But Blackrock has the most dry powder ready to use. Vanguard, and other holding firms make their money by investing money for less knowledgeable and smaller holding firms, And this is how people have retirement funds, Trust funds, 401k’s and any other bank owned or controlled retirement accounts. Blackrock just found it’s crown jewel. Next step is central banks buying and holding bitcoin. The BIS, The bank of international settlements, Owns all the gold the NAZI party looted from Europe. All those fillings from the victims of the holocaust are in the BIS. When they start buying bitcoin the world will really start changing fast. But make no mistake, Just owning 10k of bitcoin, You have faster and better access to your capital than anyone with a Swiss bank account. 10 minutes and 6 confirmations is much faster than one month of waiting and a wire.