On the one hand: I don't think any news is bad news for Bitcoin, so a whole new cohort of people are now involved, which is great

On the other: If I was a government, calling 10 ETF managers and telling them the Bitcoin they hold on behalf of their customers is impounded, with cash equivalent to be paid out, could be the greatest rug pull of all time

nostr:note19y4aue7dqwuwtsj29xkld74pu38jlsywa3v2geuh6dkcxep5q0psdq30fz  

 that would prove it had some real value if they wanted it that bad 

 Of course it would, and the price would 10x, but the Gov would also still have 1 mil coins to work with 

 its gunna happen some point, when seems like last resort

like cancelling russias reserves 

 They never rug their mates though. 
nostr:nevent1qvzqqqqqqypzp7k9zwsuahk3a278gp7p9xt5sh0ghwegah0va7spdqtler20gpa9qqsw89e6wh82ndtav76ac2rdnjjw9geg5lvkrldwfjagnzxvkhhd8vcs6x59u 

 So you don't think Blackrock would let them do it?

Maybe not

Or they would have to let them do it, in order to stay in business with all their other assets under management...? 

 couldn't they also call up Blackrock and say "give us all your Apple shares". 

what's the difference? why do we trust them with Apple shares but not bitcoin 

 Ha.. Quite possible. This level of scoundrelism wouldn't  Suprise me at all.