Blackrock is huge. This is a rounding error to it. The people who got rugged were retail who bought into the hype since October.

You may be misreading the effects - Bitcoin is trading above what it traded yesterday, and 50% higher than october.

It'd be funny if it wasn't a $45k to $45.7k change for a +$700 delta.

I have a hard time seeing the SEC not delaying until at least March after that fiasco (or even pushing back against the tweet itself if they were intending to approve anyway), but I guess tomorrow will tell the tale. It's fees BlackRock cares about, not the Bitcoin price.

If fees are all they care about they make money anyway. No idea how that constitutes them being Rugged.

They don't make anything if the ETF doesn't get SEC approval.