Its scenario on the SEC is eagerly awaited, as AI matches its predictions for the consequences of BlackRock’s move to crypto.
We asked the artificial intelligence chatbot ChatGPT about BlackRock. ChatGPT pointed out that BlackRock is a highly influential organization as it manages close to $10 trillion in assets. Additionally, ChatGPT touched on four scenarios that could occur as BlackRock moves towards crypto. While three of these four scenarios are realized, it is eagerly awaited whether one of them will come true. In that scenario, the SEC details are included.
BlackRock Scenarios of Artificial Intelligence!
Artificial intelligence robot ChatGPT evaluated the scenarios that would arise with the entry of the world’s largest asset manager into the crypto industry. In the scenario that ChatGPT released in four different items, it was seen that all but one of them happened.
ChatGPT argued that BlackRock’s move into crypto was an important one. The artificial intelligence robot stated that with BlackRock’s step, interest in the crypto market will increase. According to ChatGPT, as a large company enters crypto, the sense of trust will increase and more participants will come along. This scenario of artificial intelligence seems to have come true given the recent flows in the market.
On the other hand, ChatGPT said that there may be price fluctuations in Bitcoin as big players such as BlackRock turn to crypto. As a matter of fact, with the Bitcoin ETF application of the world’s largest asset manager, Bitcoin reached $ 30 thousand.
The artificial intelligence robot touched on increasing institutional acceptance as another topic. ChatGPT says there may be an increase in the institutional-grade approach to crypto under the leadership of BlackRock. In other words, the artificial intelligence robot underlined that corporates can follow BlackRock. Looking at the recent flow in the market, institutions such as Invesco and Fidelity have also taken action with BlackRock’s ETF application. Billion-dollar asset managers are flocking to crypto.
The last scenario of ChatGPT was the most notable. The artificial intelligence robot said that with the world’s largest asset manager stepping into Bitcoin, regulators like the SEC could change their approach. ChatGPT thinks that as a result of BlackRock’s crypto move, regulators will either tighten or loosen their moves.
Looking at changing the approach, regulators like the SEC are currently taking a repressive stance on crypto. BlackRock may cause many regulators, especially the SEC, to loosen their moves on crypto.
While the scenarios of artificial intelligence take place one after the other, it is a matter of curiosity whether the last scenario will come true.
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