The SEC's double standard is glaring: crushing small crypto projects "to protect consumers" while letting Wall Street giants like BlackRock potentially make billions from fork windfalls by withholding forked coins from ETF holders. Far more retail investors harmed this way.

If your BTC is in ETFs or exchanges - they control the private keys & decide how and whether you get forked coins.

Does BlackRock's proposal mention what they will do?

During BCH fork, many exchanges & wallets prevented users from claiming their coins or misinformed them or delayed access while others profited. Same game likely coming, with Trump coming back to the White House, just with a bigger market and institutional players now.

Saying "it's not Bitcoin" misses the point: forks are a part of Bitcoin's open source governance model - this is what Satoshi designed. When major holders can profit massively from forks while preventing retail from accessing forked coins, it's pure market manipulation.