Topic: Chances of Bitcoin ETF approval gone up (Read 261 times)

No matter how long they keep proposing when to pass the bill, I believe they would have no option than to subscribe to what we want and how we want it. The sec had really acted in a way that make things hard for the Crypto market but I believe soon, Bitcoin ETF would be available which is going to trigger the crypto price to a level that many people would be surprised how come and how it happened. We all want to make profits from the market that is why we need to accumulate enough Bitcoin now for the bull market loading.

they want cooperation with exchanges coz they wanna know whos selling and buying but it will impossible to do since there are tons of exchange that is not under their jurisdiction. the more they demand this, the more ETFs less approved.

viewing the whole situation, its not just SEC whos blocking this. while investors are eager to make profit thru ETFs approval, retail investors are wrecked because prices are dumping.

Thanks for sharing this information about the pending applications for a spot bitcoin ETF. It is interesting to hear that the SEC is expected to make a decision as early as November 17. This is an important date because it is the first time they can make a decision since Grayscale court victory. The SEC has a limited time to decide on all 12 applications and this time period ends on November 17. It will be interesting to see how the SEC handles these applications and what impact it on the cryptocurrency market.
There are all Bitcoin ETF application approval final deadline is in the month of April 2024. And there will be halving too. Here is the detail and the final deadline dates. There is third deadline is in January 2024. So Seyffart can be correct in his confess that SEC can approve ETF applications in January.

ETF will definitely be approved but it will not be easy, they will demand and demand many more amendments until the right time comes to announce approval. Have you ever thought that the SEC is also collaborating with whales to manipulate the market? Like some discussions I participate in on other social networks, many predictions also suggest that no ETF will be approved this year. They will find ways to prolong and delay until the halving because that is also when bitcoin's 4-year cycle repeats. Many thought it would be the perfect time to announce the approval of ETFs and would trigger a super bullish cycle.

 For me, Cathie Woods is just saying that keep her hopes up because for sometime now, all we have heard is an approval is in the works and I'm a bit sceptic over if the SEC will hasten the process. With so many investors awaiting the approval of these ETFs it's safe to say that if it gets approved, prices will not only shoot up, but it will help for increased adoption but I'm beginning to believe that we might see another delay since Gary Gensler is suggesting that these ETFs do a cash creates instead of crypto simply because broker dealers can't deal in Bitcoin. I mean, wtf! Is this some kind of compromise or condition these institutions need to agree to before their spot ETFs are approved?

I don’t know what games the SEC is playing here. They keep making these amendments and the filers all make the adjusted changes, then a few weeks later they require more changes.

So I would be very surprised if they rejected it after all this. Seems they want to work together and get it going. However knowing how all these etfs went in the past, we were all convinced that it should be approved and they were all denied.’

It sounds like you're considering the potential impact of news, particularly related to ETFs, on the cryptocurrency market. News events can indeed have a significant impact, causing price fluctuations. Keeping an eye on regulatory decisions, such as the SEC's stance on ETF approval, is crucial in such dynamic markets. It's a prudent approach to evaluate your positions based on your risk tolerance and market conditions. If the ETF is approved, it might lead to a bullish trend, while a rejection could result in a market downturn. Monitoring developments and adjusting your strategy accordingly seems like a thoughtful decision.

The ETF will definitely be passed, it's almost inevitable but as many have said, it won't happen this year and we have to wait until at least Q1 2024. I also believe that the best time for the SEC to approve an ETF is the bitcoin halving. I don't believe they don't manipulate the market to make a profit because no one hates a lot of money. Don't think too much about ETFs this year, focusing on accumulating bitcoin will be better.

We already know that the spot Bitcoin ETF allows investors to watch the price of Bitcoin without having to purchase it. The issue now is, "Why?" That is, to raise Bitcoin's rising demand.

The SEC has previously approved Bitcoin ETF applications. Looking at them again, the SEC appears to be hesitant to approve them. It's simply that in certain cases, it appears that the situation is different, which may be due to the SEC, as if they have already authorized some of the applications that have the potential to be approved.

When this occurs, the cryptocurrency will benefit greatly. It would also indicate that Bitcoin is becoming more mainstream and embraced by the financial sector. Apart from increased demand, I believe that liquidity and institutional investment will rise as well.

There are many folks excited about the ETF news and so on... But I am not so sure that it will be good in the long run, we will see about it

Not sure what attitude of SEC you are referring to. But I firmly believe that attitude of individuals do not really matter when it comes to approval of spot ETF.

I completely understand that there is a huge amount of expectation building up. So anyone can comment anything to bring personal visibility rather than adding any value to this entire matter. So stop expecting much or else the fallback will bring pain.

I agree with others, just because they have a different approach or different understanding, doesn't mean that it has gone up, it just means that it is "different", this could be lower, higher or even similar and doesn't mean anything has changed. I do agree that it is not going to be easy to get it approved, it is not going to be impossible neither.

What I believe is that one day we will have a Bitcoin ETF for sure, it is not going to be like forever banned thing, we will see one before we get to old age, but I also believe that it is to going to be too easy, we are going to end up seeing companies work super hard for it. I hope that people could do something about making it accepted faster so that we could see it quicker but unfortunately it may take some more time. Meanwhile, price of bitcoin has gone up significantly, from under 20k to over 35k, without ETF, which proves that we are talking about this but it is useless, we can go up without that too for sure.

12 approved ETFs will probably turn BTC into 50K in a day. the time Blackrock ishares was listed, a big green candle went up in the 1-hour chart. for 12 ETFs, we'll be seeing a green weekly chart candle go straight up to 50k. but what did she mean something has changed?
nothings new so that has happened. Biden calls Xi a dictator after having a productive APEC meeting. nothing has changed i think. 

but i'm used to not getting my hopes up too much anymore when it comes to SEC. remember that they also said that approval could happen next year.

I'm wondering why the ETF approval always come around after a massive dump and when we are waiting for the next bull market, years ago ETF was supposed to be approved too but it doesn't, I am not saying it won't this time but the chances are very slim with the way they are behaving right now, all I can do is wait and see.

This could be another manipulation to massively dump the market, but I am sure that Bitcoin will be fine without the ETF approval, the dump after the ETF fail depends on how people react to it, but if there is another dump due to ETF disapproval make sure you take the advantage and buy some more Bitcoin.

Only those who don't have some spare cash will feel bad when Bitcoin pulls back, always make sure you have some money just in case something we don't expect happens.

Do you guys still rely on those random tweets? There was a time when I started buying shit coins seeing tweets like This coin will give you 20x in the next few weeks or months, that coin is next bitcoin, etc. But the reality is, this thing never happened and I was the victim of that scam. Now I understand that all those tweets were shilling.

Anyways, even though this is not any kind of marketing, but such a move from the SEC doesn't really increase the approval chance of ETF. At least that's what I think. Do not rely on these tweets.

Just let these people enjoy the stuff that they're excited about, these people that are following the hype are a helpful addition to the chances of bitcoin going up even further. Sure ETF isn't the lynchpin to the next bullrun as many people thought it to be but that's beside the point, the possibility of money flowing into the market when it gets approved is still a big help into making bitcoin a powerhouse again in the investment circles, making it more valuable than any other stocks out there. Regarding the setting money aside, I think that it's the other way around, you should set aside money for your investment in bitcoin, you should learn your priorities so you won't be confused and having your priorities in order will help you with things not coming back to bite you in the ass, always prioritize the real world before investments, if you're not the son of a billionaire then that what I have said about priorities should be your thing.

OP, just because people are saying that there are high odds of approving the Bitcoin ETF application means it would be approved. Dont forget its been a quite a long time since the application and yet no news. I dont know if Bitcoin really cares about the ETF. Since research shows that approval of the Bitcoin ETF would welcome about $16 billion of cash inflows in the first year of approval. So we should be more focused  on looking at our portfolio if it is enough to give us a good result during the bull run.

It's also important to have some extra cash set aside, so you don't have to sell your investments in case of an unexpected event, like if you need to cover insurance deductibles after an accident. Even if you're determined to hold onto your investments during market downturns, unforeseen circumstances in life can still happen. These are the things we should be prepared for.

I think SEC approval of an ETF is almost inevitable, but the question is when they will approve it and make a final announcement. Today is November 17 and everyone is waiting for the verdict from the SEC, and if you look at the market right now, you will see that the market is also a bit negative. I believe that if they continue to delay, we should not be surprised . I also read yesterday that the SEC postponed a decision on Hashdex's Bitcoin ETF proposal. So I don't have much hope if they continue to delay the remaining proposals today and tomorrow.

What has changed exactly? or is it just to create suspense among the investors? Well, the result can be seen on January 10, when the first ETF will be approved or rejected, and if that gets approved, then we can see the approval of all other ETFs because there remains no objection for others as other ETFs have the same norms as the first one.

Overall, I think ETFs will be approved because the hype created is so high and the price of BTC has already been impacted by it, even with the fake news like the one from Cointelegraph and the ticker manipulation,, etc., which has shown us the true impact that ETFs can have on BTC.

I believe this will only favour more the big investors that are preparing to enter the market on the approval of the Bitcoin ETF. Small investors and newbies who are accumulating gradually before the upcoming bull run will be saddened to see a massive increase in price following the approval even when halving has not taking place. Many people know the advantage and disadvantage of the Bitcoin ETF. The Pros is that; it will make the price of bitcoin shoot up to an unimaginable price even before the time for a new all time high is anticipated to take place and the Cons; it makes the market more unpredictable and making it for smaller investors not hitting their target before a big rise in price of bitcoin.


Many of the companies or people that are interested in the Bitcoin ETF approval just want to have someone they can rely on with their investment. The market is full of volatility and predictions are always hard to determine. With the approval of this, we will have more people investing in bitcoin through this means but will only do it on the basis that their funds are safe with the companies and will get their own share of it in the long run. Asides this, I don’t see any tangible reason why they really want the Bitcoin ETF to be approved by SEC and this will definitely have substantial effect on the price of bitcoin when approved because of the number of investors that will be coming into the market hearing of this approval. Bitcoin ETF approval will make the market more unpredictable and will make it attain some certain milestones that are not expected to happen soon.