The world’s largest investment fund, BlackRock, has created an ETF for Bitcoin, causing concern among the free crypto community who fear centralization of a decentralized digital currency. Reports suggest that BlackRock may have influence over the future of Bitcoin, including the ability to create a copy of it in the event of a hard fork. Nevertheless, the move has been supported by Coinbase, despite ongoing legal challenges from the SEC. Some insiders claim that BlackRock’s scheme could result in Bitcoin being controlled indirectly by the US authorities, and that those who support it may be complicit in a dubious financial scheme that undermines the principles of crypto.