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Topic: bitcoin ETF announcement March 11 what do you expect? - page 2. (Read 1787 times)

legendary
Activity: 1288
Merit: 1087
Which are the other two after Winklevoss?

solidx and gbtc. the solidx one gets a decision on march 30th. i dunno if that's an extendable deadline. they might draw it out for another few years.
newbie
Activity: 33
Merit: 0
don't forget there's two more after this one. if the winklevoss one gets a no, maybe the other applications will learn something and add it to theirs.

the gbtc one is based on something that's successfully existed for a few years. that's a strong possibility too.

Which are the other two after Winklevoss?
legendary
Activity: 1288
Merit: 1087
If they don't do it, another country will.

they might be all too happy to let another country screw up. american investors probably won't get any tax breaks on something listed on a foreign exchange so it would make no difference if something similar happened elsewhere.
sr. member
Activity: 784
Merit: 250
https://www.bloomberg.com/news/articles/2017-02-21/you-can-bet-on-whether-the-sec-approves-the-first-bitcoin-etf

Is it likely to be approved or not approved? If approved will it spike? By how much?
All I can say for what will happen on march 11, 2017. let us entrust in the above what could the result. Just important is let us continue to support bitcoin, continue to patronize it. there are many projection about in bitcoin but we cannot predict anything in this world.
legendary
Activity: 2562
Merit: 1441
I think the SEC will grant the bitcoin ETF a green light.

If they don't do it, another country will.

Strategically it makes sense to be the first on board, it gives them influence to be associated with the first bitcoin ETF in history.

It could also make btc easier to tax in the long run, being that ETF investment will be taxable.
hero member
Activity: 2352
Merit: 905
To my mind it's likely to be approved because also two days ago atf said in their news that an innovative marriage that promises to combine two unique “fintech” concepts—the ETF and the peer-to-peer digital currency bitcoin—looks like it’s finally about to happen. Also after all, ETFs have been revolutionizing investments for 25 years and bitcoin, since its 2009 introduction, has shown potential to completely change financial transactions.
Well, there are great chanses.
legendary
Activity: 1288
Merit: 1087
don't forget there's two more after this one. if the winklevoss one gets a no, maybe the other applications will learn something and add it to theirs.

the gbtc one is based on something that's successfully existed for a few years. that's a strong possibility too.
sr. member
Activity: 686
Merit: 253
https://www.bloomberg.com/news/articles/2017-02-21/you-can-bet-on-whether-the-sec-approves-the-first-bitcoin-etf

Is it likely to be approved or not approved? If approved will it spike? By how much?

It has a slim chance of getting approved 35% but if it does gets approved it will sure skyrocket the prices again, thus time it will really pump high.
newbie
Activity: 10
Merit: 0
https://www.bloomberg.com/news/articles/2017-02-21/you-can-bet-on-whether-the-sec-approves-the-first-bitcoin-etf

Is it likely to be approved or not approved? If approved will it spike? By how much?
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