<ul><li>BlackRock and Bitcoin ETFs have helped stabilize the price of Bitcoin, according to Bloomberg analyst Eric Balchunas.</li><li>There are speculations that BlackRock uses Coinbase's Bitcoin IOUs to manipulate the market and trigger price declines.</li><li>Claims have emerged that Coinbase's actions with Bitcoin IOUs might be important in the erratic fluctuations of BTC.</li><li>Coinbase CEO Brian Armstrong denies providing BlackRock with special access to BTC borrowing rights.</li></ul>

BlackRock And Bitcoin ETFs Shielded BTC From Massive Drops — Analyst

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