Topic: BTC ETF creating a hype?but,what really is BTC ETF means? (Read 299 times)
Bitcoin ETF aims to track basic indicators, commodities or portfolios of assets and replicate their performance. If this is approved, it will be a blessing for all of us. This would be a great thing to get approved because it makes the trading floors possible at any time of the day. (CBOE) of New York-based VanEck and SolidX blockchain platform. ETF, is an investment fund that tracks and then the price of a tangible asset such as gold, diamonds, oil etc. and is traded on the exchange. So they will buy a regulated investment tool that they can buy and sell instead of having to buy and store bitcoin safely. For, BTC ETF, an investor will hold a bitcoin ETF in their portfolio against the actual digital currency.
SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision.
Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.
but what is ETF and BTC ETF?
pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/
Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.
but what is ETF and BTC ETF?
pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/
Don't know this thing too much actually, but i consider ETF just like an IPO in a company. Which mean the whole community admit bitcoin is official trading currency and world will make regulation about it
This is not an empty hype. When this happens, a huge amount of investment from large companies really needs to go to the market, I think so
Bitcoin exchange traded found (ETF) will go a long way to strengthen the bound between bitcoin and it exchanges the exchange bound if approved will also serve a a security just as we have with the traditional banking system having some deposits with the central bank in other to serve as an insurance to investors in the line of doing they normal businesses with the bank. So bitcoin ETF will be a stock exchange base and that will provide security of investors found.
A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market. You will find that the institutional investors will manipulate these Bitcoin ETFs with large capital reserves and you will get massive spikes and huge dumps, which will destroy the use case for Bitcoin to be used as a currency.
Some people rejoice about the SEC's decision to deny the Winklevoss's ETF, because they know it will destroy Bitcoin as a viable payment option.
As a true bitcoin lover I don't want ETF to get approved on bitcoin after read your suggestion. Some people rejoice about the SEC's decision to deny the Winklevoss's ETF, because they know it will destroy Bitcoin as a viable payment option.
Already the volatility of the itcoin is the reason that bitcoin to be used from currency so imagine what will happen it will be used only for dumping and bumping from big investors then the future or the bitcoin will be uncertain.
I agree. I dont see any good coming from the bitcoin ETF as such. It will truly disturb the market and give small players less scope to make major profits
It is great info!
Acceptance by Bitcoin for the ETF opens up a new step.
The recent rise in Bitcoin prices is the reason for the rise of the ETF.
Acceptance by Bitcoin for the ETF opens up a new step.
The recent rise in Bitcoin prices is the reason for the rise of the ETF.
ETF is a popular fund that allows trade and exchange to happen by following the price of an asset.. Bitcoin ETF is very similar, investors can hold Bitcoin ETF and make profit from the actual currency which is Bitcoin itself. It is also safer than holding a Bitcoin because ETF is much more secured and regulated in a strict way based on actual ETF.
ETF , compared to futures, should have an amount or "real" btc baked up away. This means that if ETF will be acceptep, there will be a really high volume/amount of Bitcoin buying, cause they need real bitcoin, not like futures that are just numbers.
SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision.
Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.
but what is ETF and BTC ETF?
pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/
Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.
but what is ETF and BTC ETF?
pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/
ETF means Exchange-Traded-Funds and being applied to bitcoin, bitcoin etf could be one of the coolest thing to occur to bitcoin if approved. ETF is like a common stock on the exchanges such as NASDAQ. ETF is different to mutual funds because ETF is traded throughout the day while the mutual fund is traded at the end of the day.
With bitcoin ETF there will be more security in buying bitcoin and we no longer worry about buying bitcoins as well as storing it. With bitcoin ETF we will expect a tremendous increase of the buying public to be active on the bitcoin market.
Yeah i am also agree with that. BTC ETF is really creating a good hype which is clearly visible in the growth of bitcoin in last few days.
this is the major reason for a huge price surge but it seems majority are expecting the SEC would trashed this etf application thats why bitcoin price is in consilidation and seems in downtrend mode again.if you think a less than 20% rise which is just going back to normal prices is a "huge surge" then what do you call the 120% rise that we had in December?!
as for current trend, it is not a "downtrend mode" unless we enter $6k and go below the proven bottom price. this recent drop is more of a manipulation of whales in my opinion based on what i saw in the market yesterday and also because there wasn't any reason for this drop to happen. there wasn't even a news to cause it!
ETF, is a investment fund that follows the price of an underlying asset like gold, oil etc. and is traded on exchanges. For, BTC ETF, an investor would be holding the bitcoin ETF in their portfolio against the actual digital currency. So, they would be purchasing a regulated investment instrument that they can buy and sell instead of having to buy and securely store bitcoin.
Yeah i am also agree with that. BTC ETF is really creating a good hype which is clearly visible in the growth of bitcoin in last few days.
this is the major reason for a huge price surge but it seems majority are expecting the SEC would trashed this etf application thats why bitcoin price is in consilidation and seems in downtrend mode again.
ETF, is a investment fund tracks and follows with the price of a tangible asset like gold, diamond, oil etc. and is traded on exchanges. For, BTC ETF, an investor would be holding the bitcoin ETF in their portfolio against the actual digital currency. So, they would be purchasing a regulated investment instrument that they can buy and sell instead of having to buy and securely store bitcoin.
SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision.
Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.
but what is ETF and BTC ETF?
pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/
Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.
but what is ETF and BTC ETF?
pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/
I think Bitcoin ETF is one step closer to government regulation. With ETF, investor will more confident to investing their money because market regulator approved. With Bitcoin ETF, big financial institution will investing their fund on bitcoin and price will rising
sometimes it doesn't have to really be a big thing to help with the little push needed for the bitcoin adoption to occur. sometimes a little hype is a good thing. some people need that little push to start opening their eyes on reality after years of listening to nothing else but FUD and being brainwashed with it.
I'm not sure that this is true.
we already have high volatility and manipulation in the market so it won't get any worse. but ETF can help grow the size of the market which can actually reduce volatility and effects of manipulation.
I would agree that a bitcoin investor would not be happy, if a Bitcoin ETF is approved. it does break a seance of the "bubble" and it really is a massive breach. A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market.
I'm not sure that this is true.
we already have high volatility and manipulation in the market so it won't get any worse. but ETF can help grow the size of the market which can actually reduce volatility and effects of manipulation.
sometimes it doesn't have to really be a big thing to help with the little push needed for the bitcoin adoption to occur. sometimes a little hype is a good thing. some people need that little push to start opening their eyes on reality after years of listening to nothing else but FUD and being brainwashed with it.
I'm not sure that this is true.
we already have high volatility and manipulation in the market so it won't get any worse. but ETF can help grow the size of the market which can actually reduce volatility and effects of manipulation.
A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market.
I'm not sure that this is true.
we already have high volatility and manipulation in the market so it won't get any worse. but ETF can help grow the size of the market which can actually reduce volatility and effects of manipulation.
A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market. You will find that the institutional investors will manipulate these Bitcoin ETFs with large capital reserves and you will get massive spikes and huge dumps, which will destroy the use case for Bitcoin to be used as a currency.
Some people rejoice about the SEC's decision to deny the Winklevoss's ETF, because they know it will destroy Bitcoin as a viable payment option.
As a true bitcoin lover I don't want ETF to get approved on bitcoin after read your suggestion. Some people rejoice about the SEC's decision to deny the Winklevoss's ETF, because they know it will destroy Bitcoin as a viable payment option.
Already the volatility of the itcoin is the reason that bitcoin to be used from currency so imagine what will happen it will be used only for dumping and bumping from big investors then the future or the bitcoin will be uncertain.
Electronic money investors around the world are optimistic about the pending decision from the Securities and Exchange Commission (SEC) to accept ETFs from filings made through the Chicago Stock Exchange. (CBOE) of New York-based VanEck and the blockchain platform SolidX.
ETFs mean that people can buy bitcoins without dealing with online exchanges where there are currently issues of trust and lack of control.
ETFs mean that people can buy bitcoins without dealing with online exchanges where there are currently issues of trust and lack of control.
Exchange for Traded Funds is short for ETF. This will be a huge thing if gets gets the approval because it makes the exchanges possible at any time of the day.
BTC stands for Bitcoins and ETF stands for Exchange Trade Funds. If this do get approved, then it will be a blessing for us all. Because ETF acts more like a stock on exchange. And this can done at any time of the day.
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