Topic: Bitcoin ETF, seems going to get approve this time.. - page 2. (Read 507 times)
Being a decentralized system, it has always been difficult without having any other certain reason for Bitcoin ETF to get on official/centralized system .Getting rejected has been a common thing in this field since ever. However, as you said it is hoped that Bitcoin ETF will get approved at least this time, although my hopes aren't that high regarding this, let's see what happens.
The longer the decision of approval gets postponed the better it is. The uncertanity and hope of approval will drive up the btc price the coming months.
Actually there are some problem that’s why they are rejected individually one of the reason is multiple btc feature ETFs, investors protection issues , Liquidity and volatile issues made this problems but now its accepted because they may recover their issues.
it's a pity that they transferred again to September this meeting! crypto the market needs to get positive news from them! although on the other hand, the crypto market did not react at all to the transfer of the councilors to September! The crypto market is already beginning to move independently without paying attention to other factors!
If btc etf is gonna be accepted prepare for a massive bull run, check the comparison of GOLD ETF. Look what will happen!
Most of the people in place at Bitcoin had no significant hopes of acceptance when the COIN Bitcoin of the Winklevoss Twin was declined in March 2017. What it adopted was a fall in value that rose to a high of $ 1,350 all-time high for under $ 1,000 - a monster at the time.
Nowadays, the rate is 6 times higher and there were almost twenty major situations at its peak in December 2017. Meanwhile, Bitcoin's industry limit is, however, higher than $ 100 billion - no doubt no small piece of adjustment that regulators simply can not ignore for long.
Nowadays, the rate is 6 times higher and there were almost twenty major situations at its peak in December 2017. Meanwhile, Bitcoin's industry limit is, however, higher than $ 100 billion - no doubt no small piece of adjustment that regulators simply can not ignore for long.
US SEC approves the application because they are the authority. Bitcoin ETF did so many applications but authority rejected those applications. But in this time bitcoin ETF may get the approval.
I also hope that the etf can pass this time. If the etf can pass, it will be a good thing for BTC. It is easier for investors to enter the encrypted market.
It is safe to say that bringing Bitcoin ETF to market is now closer to reality than ever. SEC is also taking recent applications more seriously and they have sought to take a firm stance to ensure consumer protection and safety. According to all the analysts it is only a matter of time before a Bitcoin ETF is approved.
Yeah hopefully, crypto community is already excited about it, volume is also growing, looks like we will see nice run towards north and if it really gets approved bitcoin will become very expensive so i think it is good time to get in.
It will be a good news for the Bitcoin family. I hope it will be approved by US SEC office and all feel free to get profit from it.
From my point of view Bitcoin ETF is going to approve. Bcause of some reasosn it was rejected by first time. One of the main reason is listing rule were not approved by the global market. Now every one is waiting to look for SEC decision. I think it will be approved.
It can blow up the market, but I think that smart people will play at this event with Bitcoin ETF and with the help of news, bitcoin will fly away by 200% in a few days
In my own opinion, I think all is set for the ETF to be approved because the three former applicants that where rejected in the pass have come together as one to chase this course and I hope it will be granted and once that's is done, we will head to bull run straight.
You can already bet on the ETF approval using Augur. You can do a search for "ETF" markets (https://predictions.global/). Right now there isn't much ETH being wagered on it, but I think you'll find the betting odds for successful ETF approval remain fairly low.
The SEC sees two main problems or reasons for Bitcoin-ETF.
1 - the Lack of global regulations for cryptocurrencies and cryptocurrency exchanges.
2 - security Issues or lack of insurance of crypto-investors, for example, hacker attacks and loss of private keys.
I note that most of the major exchanges are located in Japan and South Korea, they are regulated in both countries, so the first reason is to some extent solved. On the second point, the CBOE group made a statement that they are ready to take full responsibility for the investors ' funds. Thus, both major issues are likely resolved, which is what the SEC expected, so they are likely to be the first to launch Bitcoin-ETF.
1 - the Lack of global regulations for cryptocurrencies and cryptocurrency exchanges.
2 - security Issues or lack of insurance of crypto-investors, for example, hacker attacks and loss of private keys.
I note that most of the major exchanges are located in Japan and South Korea, they are regulated in both countries, so the first reason is to some extent solved. On the second point, the CBOE group made a statement that they are ready to take full responsibility for the investors ' funds. Thus, both major issues are likely resolved, which is what the SEC expected, so they are likely to be the first to launch Bitcoin-ETF.
Bitcoin ETF reached the US SEC office again. CBOE, VanEck and SolidX, the co-applicants this time, individually had faced rejection before. Still, the applicants and a lot of people having a close eye over this event, believe this time SEC’s stance could change.This application was not the first attempt to reach the SEC. It had been rejected before. The applicants too weren’t new to this.
Why were the previous application rejected?
Read more: https://medium.com/coingape/bitcoin-etf-debate-why-sec-might-approve-the-cboes-bitcoin-etf-proposal-acad050effe3
If BTC ETF will be approve by SEC this coming August then we can see the next bull market. In fact i read in one article that VanEck and SolidX will be oblige to buy bitcoin once the ETF will be approve. Also this will serve us a go signal for other investors to hop in the crypto. Why were the previous application rejected?
Read more: https://medium.com/coingape/bitcoin-etf-debate-why-sec-might-approve-the-cboes-bitcoin-etf-proposal-acad050effe3
Bit coins ETF registration will bring benefits. Bit coins are now widely used and discounted. Although ETF fails to register before, it does not mean that they are finished. Now they have brought more advanced ideas.
well if something like this really happens this time then it is a good news for the bitcoin users , all the members are very excited and there attention is stuck over this event now if the ETF actually can get this apporoval then it will bring a new start for the investors and the bitcoin market as well
The bitcoin ETF after being individually rejected several times has now reached the US SEC office again and got approved.
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