Pages:
Author

Topic: Bitcoin ETF Available Eventually (Read 516 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
February 13, 2019, 10:16:51 PM
#50
https://www.coindesk.com/etf-tied-to-bitcoin-futures-withdrawn-after-sec-staff-request

Another one died today. It sounded pretty stupid and kludgey but another ones bites the dust all the same. What's notable is in the past hopes were higher for futures based stuff because it doesn't touch actual Bitcoin.

Nope.
No wonder! They are just competing against crypto, this is a big investment and maybe they just need money to work with its ETF approval.
I wasn't expecting it to be approve easily cause they never want crypto to replace fiat which could affect their businesses. Lets see if there is another push for it.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 13, 2019, 10:00:08 PM
#49
https://www.coindesk.com/etf-tied-to-bitcoin-futures-withdrawn-after-sec-staff-request

Another one died today. It sounded pretty stupid and kludgey but another ones bites the dust all the same. What's notable is in the past hopes were higher for futures based stuff because it doesn't touch actual Bitcoin.

Nope.
member
Activity: 364
Merit: 10
February 13, 2019, 07:57:48 PM
#48
Actually this Bitcoin ETF if it runs according to the schedule will greatly affect the current market conditions, if only according to the initial schedule (without any delay at all) Then it will be able to make a bull run and be able to recover ATH due to the many traders and investors.
Bitcoin ETF at this year ? I am not sure about that, seems only create temporary hype
full member
Activity: 926
Merit: 100
February 12, 2019, 12:36:08 AM
#47
Bitcoin ETF might take more time to gain approval, currently a lot of scam projects and exchanges pervert this space. The war against bank the decentralized system has been fighting and aiming to win seems to be on the loss side as we have started calling for regulation by the same enemy that created this current brutal on sided financial system. If Cryptocurrency is to thrive in a real economy, then regulations is inevitable to curtain fraud. Bull run will bring more liquidity and make the market very healthy.
the problem is that ETF have been pulled back because when the first ETF did not find a good point and there was no agreement so ETFs could not be implemented in bitcoin and in my opinion ETFs could never be used in bitcoin.
member
Activity: 858
Merit: 13
Christ The King
February 12, 2019, 12:00:59 AM
#46
Bitcoin ETF might take more time to gain approval, currently a lot of scam projects and exchanges pervert this space. The war against bank the decentralized system has been fighting and aiming to win seems to be on the loss side as we have started calling for regulation by the same enemy that created this current brutal on sided financial system. If Cryptocurrency is to thrive in a real economy, then regulations is inevitable to curtain fraud. Bull run will bring more liquidity and make the market very healthy.
full member
Activity: 1638
Merit: 122
February 11, 2019, 10:16:22 PM
#45
I think that the adoption of bitcoin ETF will not have any impact on the crypto. At least it won't exactly cause bull run. This event has already been postponed too often and has therefore lost its importance. In my opinion.

Quote
I think that the adoption of bitcoin ETF will not have any impact on the crypto.

people always talk about etf . how much more if it has been aproved ? im sure people will be crazy and this can easily have a major impact on the overall crypto market .

Quote
At least it won't exactly cause bull run

it can . etf is not a joke  it is a big event and all crypto enthusiast are waiting for this .

Quote
This event has already been postponed too often and has therefore lost its importance. In my opinion.

it maybe rejected for many times but this does not affect the perseverance of people to continue hopping .
hero member
Activity: 1274
Merit: 516
February 11, 2019, 10:03:22 PM
#44
There is no timetable for the ETF approval. This SEC people are probably just playing around. For me, it is better to ignore them for now and just wait for the official announcement. If it does happen (ETF approval), it'll definitely move the market. I'm not just sure if it will trigger a bull run.

Yeah I dont want to get my hopes too high, there has been so many times, the sec rejected the etf and the commissioner only talk about there will be possibility that it will be accepted, it will be great for all of us if the proposal really being accepted, it could make people regain trust and bitcoin price could go up high again, but until there is an official announcement, I don't want to see any false hopes
jr. member
Activity: 187
Merit: 1
February 11, 2019, 07:16:53 PM
#43
Even though there's no timetable (after all SEC are regulating, not working on ETFs) the very fact that they're optimistic about allowing one eventually is very reassuring.
member
Activity: 598
Merit: 10
February 11, 2019, 07:15:58 PM
#42
There is a shift in the mood recently because there seems to be more of a chance that the ETF is going to be approved soon. The application by vaneck is looking more solid than before, and it's just weeks away
Yes, hopefully our hopes will come true with the approval of the ETF by the SEC, because if that happens it will be good news and will spread throughout the world, and hopefully that can affect the price of Bitcoin.
copper member
Activity: 140
Merit: 3
February 11, 2019, 06:19:34 PM
#41
There is a shift in the mood recently because there seems to be more of a chance that the ETF is going to be approved soon. The application by vaneck is looking more solid than before, and it's just weeks away
Pab
legendary
Activity: 1862
Merit: 1012
February 11, 2019, 06:04:06 PM
#40
Read about this https://www.btcnn.com/bitcoin-news/sec-commissioner-assures-the-community-that-there-will-eventually-be-a-bitcoin-etf-approved/ and I wonder if this could be a thing soon? Supposedly, this will be also a slump year according to experts. If a Bitcoin ETF is really approved, it could be the catalyst for a bull run? Or is institutional unnecessary for this? "Experts" are divided on the matter, and the opinion of down to earth guys is important.

it can happen if trading manipulation will be limited
but if any other country will like to launch ETF than SEC will speed up with his decision
For sure Wall Street already see bitcoin ETF like a great opportunity
Impact on price will be huge .Question is what will be after
I see danger that bitcoin trading can be frozen same like gold trading is frozen now
It can happen if bitcoin ETF will be yet another derivative
sr. member
Activity: 882
Merit: 301
February 11, 2019, 11:07:34 AM
#39
There is no timetable for the ETF approval. This SEC people are probably just playing around. For me, it is better to ignore them for now and just wait for the official announcement. If it does happen (ETF approval), it'll definitely move the market. I'm not just sure if it will trigger a bull run.
full member
Activity: 512
Merit: 100
February 11, 2019, 09:25:37 AM
#38
the bitcoin etf seems to be continuing to be delayed, possibly sec still a lot to consider about the ethics of bitcoin.
My prediction ETF will be available in 1-2 years to come
full member
Activity: 2128
Merit: 180
February 11, 2019, 08:59:24 AM
#37
The thoughts of bitcoin holders are divided regarding bitcoin etf. Some bitcoin holders really believe that the approval of bitcoin etf will trigger the much awaited bull run thinking that etf is a great sign of recognition by the government. And this recognition might bring security for the bitcoin trading.


All the best for bitcoin and we all want see the market pumps again so this is why we are still hoping for the ETF and a great regulation from the government. I’m confident that bitcoin will be more aggressive to achieve a higher price now, be confident about bitcoin and earn profit for sure.
copper member
Activity: 479
Merit: 11
February 11, 2019, 07:15:21 AM
#36
This is a very long case to resolve but it must be resolved eventually, we need this for us to move forward and yes I am for partial regulation there must be some sort of regulation, this is to protect investors money, we do not want people losing their hard earned money because of failed ICO.
hero member
Activity: 1302
Merit: 540
February 11, 2019, 07:14:44 AM
#35
The thoughts of bitcoin holders are divided regarding bitcoin etf. Some bitcoin holders really believe that the approval of bitcoin etf will trigger the much awaited bull run thinking that etf is a great sign of recognition by the government. And this recognition might bring security for the bitcoin trading.


That recognitions might bring more interest and possible investment, ETF approvals can bring Spark and lead the market to another good movement up, there's a lots of hopeful investors and traders who's still positive for sec position regarding to ETF approval.

We need to be positive and keep showing interest, buy more and store it, so when ETF finally approved and market start to rise high, benefits will be huge.

member
Activity: 532
Merit: 15
February 11, 2019, 06:59:39 AM
#34
Yes, BTC ETF will be approved by SEC and Government, but they will stall it till they can, they will approve it when they will see no other option and when BTC goes giant as peoples favorite currency.
jr. member
Activity: 336
Merit: 1
February 10, 2019, 10:49:58 AM
#33
Bitcoin Etf is turning out to be the most anticipated event for crypto market news even sec is also showing positive towards etf and ico regulation more positive news anticipated in coming days
legendary
Activity: 3276
Merit: 2442
February 10, 2019, 10:23:14 AM
#32
The impact of an ETF will be as big as the halvening or even more. You can even say that the US endorses bitcoin openly. Can you imagine what that means? Some countries like Japan saw this coming years before and they acknowledged bitcoin and nowadays it is Argentina that accepts bitcoins in public transport.

When people said bitcoin will be the world reserve currency years ago I had very big suspicions but now, It doesn't look that impossible.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
February 10, 2019, 10:15:53 AM
#31
Bitcoin ETF is a confirmation for approval from this world. People think that though via ETF market will grow again, but I don't think so. Once approved, everything will be managed based on some provisions from the ETF which will limit Bitcoin's growth.

the market is small but it is not that small! it is still big enough for any ETF or anything like that to not matter. we are no longer in early 2010-2011 where there weren't that many exchanges and volumes were too small. right now an ETF with all its size will only be a small percentage of the total market volume. not to mention that they don't directly link to the actual market, instead they take the price from it. so they can't change anything

How do you actually know that the market is really that big?

What metric are you using exactly? If you are using something like market cap or even trading volumes, these can be misguiding. Market cap is heavily misguiding on its own (even deceiving), while trading volumes are most likely fake (at least, a substantial part of them). Indeed, the market is not like it was in 2010-2011 as back in the day there had been no market at all, strictly speaking, but that alone doesn't automatically make the current market suitable for ETF's

As far as I understand it, many ETF's actually own the underlying (say, gold bullion), so it is not like they can't change anything. Besides, paper markets (like cash-settled futures) may also affect spot markets
Pages:
Jump to: