An ETF, when it is finally launched, will definitely lead to an increase in price. But it seems to be reaching a dead wall every time. There should be some regulator in some jurisdiction who is willing to give it a try.
When it eventually gets off the ground, I am sure that we might head close to the previous highs.
Topic: bitcoin ETF = huge increase in bitcoin price (Read 1438 times)
Im also expecting the same, bitcoin is going to a new journey to moon soon, i think we will see new btc moon in the second week of september and in third week the btc will enter in short term correction phase and then again grow from there according to my opinion.
The price of BTC will keep rising for some time before the success of etf, but after the successful landing of etf, the price of BTC may continue to fall.
btw. there is another guy who wants to open up a BTC ETF at Zurichs Stock Exchange SIX:
https://bitcointalksearch.org/topic/wuala-founder-plans-bitcoin-etf-at-26-million-usd-market-cap-at-six-zurich-253164
https://twitter.com/Luzius/status/352354033916329985
Market cap should be 25 Million Swiss Francs.
He closed that blog site about the fund some weeks ago, don't know if that's still his aim...
https://bitcointalksearch.org/topic/wuala-founder-plans-bitcoin-etf-at-26-million-usd-market-cap-at-six-zurich-253164
https://twitter.com/Luzius/status/352354033916329985
Market cap should be 25 Million Swiss Francs.
He closed that blog site about the fund some weeks ago, don't know if that's still his aim...
A bitcoin ETF will cause the price of bitcoin to skyrocket. Huge amounts of institutional money will pour in, because it will provide a highly liquid platform for their investment.
The only thing holding that up is the U.S. Securities & Exchange Commission. They have taken months and still have not approved the IPO for the Winklevoss bitcoin ETF.
If you want to do something proactive to boost the price of your bitcoin investment, then take a few seconds to sign the bitcoin petition on the White House's We the People website. It urges the SEC to immediately approve the IPO for the Winklevoss bitcoin ETF.
You can sign at the petition at http://wh.gov/lkF6o
Imagine what will happen to the price of bitcoin when the Winklevoss ETF starts!
It is a well-known phenomena that these White House petitions generate a virtuous circle of news articles - e.g., the articles will go like this: there's a White House petition, this many people have signed, what is the SEC doing, an ordinary person can invest in a bitcoin ETF as easily as trading stock.
The petition WILL have an impact. It WILL cause the ETF to be approved sooner. It WILL cause the price of your bitcoin to soar. Please spread the message (by email, twitter, facebook, etc.). We need as many people as possible to sign.
The only thing holding that up is the U.S. Securities & Exchange Commission. They have taken months and still have not approved the IPO for the Winklevoss bitcoin ETF.
If you want to do something proactive to boost the price of your bitcoin investment, then take a few seconds to sign the bitcoin petition on the White House's We the People website. It urges the SEC to immediately approve the IPO for the Winklevoss bitcoin ETF.
You can sign at the petition at http://wh.gov/lkF6o
Imagine what will happen to the price of bitcoin when the Winklevoss ETF starts!
It is a well-known phenomena that these White House petitions generate a virtuous circle of news articles - e.g., the articles will go like this: there's a White House petition, this many people have signed, what is the SEC doing, an ordinary person can invest in a bitcoin ETF as easily as trading stock.
The petition WILL have an impact. It WILL cause the ETF to be approved sooner. It WILL cause the price of your bitcoin to soar. Please spread the message (by email, twitter, facebook, etc.). We need as many people as possible to sign.
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