Post

BlackRock’s strategy went on-chain, but its name is nowhere in the fine print



The three tokens Ondo launched yesterday contain allocations managed by BlackRock

They’re only sold to people outside the United States

Ondo’s own disclosures make it clear

BlackRock only provides the strategy and has nothing else to do with it

The management fees collected by the underlying funds still flow into its pockets

ONDO was up 26% yesterday while Bitcoin stayed flat at $84,000

I didn’t have a position in that 26% gain

If it drops back to $0.45, I’ll take another look

At the current price, I’m not buying
View Original
post-image
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BLKBLK+0.81%
ONDOONDO+6.82%
BTCBTC-0.54%


Add a comment
Add a comment

Comment
MayAllYourWishesComeTrue16881
16 hours ago
BlackRock’s strategy went on-chain, but its name is missing from the attribution
The three tokens Ondo released yesterday contain allocations managed by BlackRock
They’re sold only to people outside the United States
Ondo’s own disclosure makes that clear
BlackRock only provides the strategy and has no involvement in anything else
The management fees collected by the underlying funds still flow into its pocket
ONDO gained 26% in a single day yesterday, while Bitcoin sat still at $84,000
There was no position of mine in that 26% gain
If it drops back to $0.45, I’ll take another look
At the current price, I’m not buying
0View Original
MayEverythingGoSmoothlyAnd
18 hours ago
First Review
Beautiful Friday is here—the 4-hour BTC chart has climbed back above the 21-day moving average, and the daily chart also closed with a hammer, signaling the end of the decline. The weekly and monthly charts are both rising. 🚀🚀🚀🚀🚀 The big move is coming, so don't blink!!! The crypto market is bullish and ready to go long; the entire crypto market is about to take off. Yesterday and today marked the bottom prices of this upward move. If you miss it, you'll have to wait for another pullback. BTC's 82800 is the bull-bear dividing line for this move. 🚀🚀🚀🚀🚀🚀 A break below it invalidates the bullish trend; holding above 83000 will send the entire crypto market soaring. 🚀🚀🚀🚀🚀$BTC $ETH $MU
0View Original