Topic: Do you actually think a Bitcoin ETF will be accepted this month? - page 3. (Read 794 times)

I really don't understand why people are so happy about a btc etf ruled by the sec. Btc should be for the people, not for the elite. So screw the etf

voters seem to be divided on this question which shows that this is quite a difficult question considering that the sec is not showing positive signs towards bitcoin etfs but is not negative either. but i think that the bitcoin etf will be accepted by the sec, but with various regulations where its movement is really limited and not like etfs in general, but that's just my prediction.

Whatever decision made for sure it will bring a huge impact to the market. So by now lets get updated to the latest news about those ETF if we can see it accepted or not since if there's positive news about it for sure that we can see outrageous amazing growth since for that event for sure that many people will get hype and also we can also add up the halving effect that can also rise up the vibes of people so more hype to come with that.

But if unfortunate incident happen and if they decline it again then expect that we can see a huge dump will happen since that will also play a role on the market and for sure many people will dump their coins out of disappointment for what happen with that submission.

Whatever decision is made, it will be done with the aim of manipulating the market, quite possibly at the local level. From the first days of this year, even without any acceptance or rejection, manipulators liquidated many shorts and longs, only on rumors, so I don’t think anything will change in the future in the cryptocurrency market, everything will be aimed at catching traders by surprise , but this will not affect the holders, so draw your own conclusions.

In general, Bitcoin and the market have increased significantly in price over the past few months, so I think even if the SEC approves ETFs, it will be difficult for bitcoin to continue to increase in price. So I think there is still an opportunity if you want to continue buying bitcoin at low prices, I do not believe bitcoin can increase vertically and we will enter the bull season before the halving. I am inclined to the possibility that the ETF will be approved, but I think that is when the market will distribute and be dumped and not continue to increase as strongly as everyone expects.

I think it will happen. Everything points on it. First of all, major players are interested in Bitcoin ETF being accepted. I believe it will make a positive influence on the price and the demand. But I am sure that it won't be as huge as some people expect. Accepting ETF can attract some new players, but not entirely unfamiliar with the crypto sphere. Because using ETF and understanding the meaning of such a decision requires prior familiarization with the topic. That's why I think that those who are interested in Bitcoin ETF are already partially were interested in Bitcoin itself.

It's probably gonna get approved, the SEC is just sitting on the papers to make sure they can have the fullest control once it's out there.

Once Blackrock stepped in, it's become clear that Gensler must retreat a bit. A class action against SEC from the 13? companies would mark the end of Gensler's political career for sure. It's money that dictates in the US, and we have big enough money coming into the space now. This no longer can be ignored. Imho.

Actually if you ask me that question my answer will be not sure. We are seeing that a long time these activities but at the end of the day nothing is happening. But I can assure you that Bitcoin ETF approval will definitely happen but when it will happen is very difficult to say. But for now I will say that they will hold the approval in this month .

No. Bitcoin won't get approval that easily. Why do many people have such high hopes for a Bitcoin ETF? I know it's not wrong, but what you need to understand is that Bitcoin's current position is not above everything, so the likelihood of getting approval for an ETF is actually quite low. Even though there's pressure from some parties, there are others waiting in line besides Bitcoin.

Is there pressure from many sides? The SEC still has other options that could even benefit them. While Bitcoin has the potential to benefit them too, their considerations will be a bit more peculiar because it's their right.

I can't have high confidence in a Bitcoin ETF this month. It might take another year or a few more years.

I guess it will be either that bitcoin ETF will be approved by 10 of January, if not, then we may not see getting it approved in this month. I do not know if delaying it further can cause SEC to face some legal issues too.

Tomorrow is Monday 8th Jan, and I am hopeful that SEC will approve this on Monday or Tuesday, if not, I guess they are not going to approve it or going for delaying tactics. Whatever is the cause of the excuse, bitcoin will have the selling pressure.

I voted No, and the reason is the negative news surrounding the ETF since the last days of 2023, while some people had their supposed proof and insider thoughts that the ETF would not be approved. Just like you said, some parts would be approved while the other parts would be rejected. Some people are even saying they will postpone it to the middle of the year the way they did in November, so it the situation around it is sketchy and none of it is emphatically encouraging.

I advise that as rumours and even some uncertified news are not the actual outcomes yet, I believe it would be unwise to 100% ascertain a position from anybody here. The SEC has the final say and I believe we should wait for that moment, otherwise, we will only be gambling on beliefs and assumptions.

I do think that the ETFs Approval is going to be possible this time around.

Right now, there is ongoing adjustment and amendments that is needed to make the ETFs a success from both the SEC and other regulators, this is the first time since the past year's that such move is been made.

The only thing I don't know is when they will finally approve it, we are expecting the approval this month but no one can say for sure, I read online that the name will also be changed, instead of having BTC related to the name it will be something different, I don't know how genuine is this news.

The good side is the success of Bitcoin doesn't rely on this ETF approval, if it's a no for the ETFs Bitcoin will still survive.

Was there already an article released that it's going to be delayed? Here's the article that I've seen at my Twitter alerts so I have to say that it's a bit weird that your odds might not be what it is, although a delay means nothing anyway, people can always wait for bitcoin and whatever that might be that can affect the price, they (including me) is going to be waiting no matter what happens. Hopefully they make a really long delay in the approval though, I want to accumulate some more because I'm sure that if you're percentage is correct, there's going to be a big pump in prices and I don't want to miss out on that.

are you talking about the filings by applicants of 8A registering their securities
and then the exchanges acknowledgements of 8A via 19b-4
those are the main last filings for exchanges acknowledging listings on their exchanges of securities. however some applicants still need to disclose some details to SEC like their fee's and basket amounts and shares per basket stuff which they have until the 8th jan to file

I saw just yesterday that there was a new update, some sort of "hurdle" was passed where it was a big step for bitcoin and all of the companies looking to bring a bitcoin ETF to the market.  Do I think it will pass this month? Perhaps. Perhaps not.  That said, it's coming, and I can almost guarantee that.  Blackrock, Vanguard etc all wanting to join in on this ..those companies quite literally run the planet.  They eventually get what they want. 

Three days from today, questions like this will be answered, and I think on January 10, there will be another rise in Bitcoin's price value. And it is likely that other altcoins will also have a bounce in price values that currently have short-dumped their prices in the market.

That's why I think this is the opportunity for us and other traders to buy potential alts in the market as well, and I also think that the SEC will actually approve what will happen to bitcoin spot etf that too; it seems unlikely that they will actually approve anything for that matter.

I'm not entirely sure what the SEC will decide this January about a bitcoin ETF - but the odds of it being approved are becoming more likely than not. I'm considering several factors including the pressure you talk about - so Gensler should already know the worst impacts if he wants to fight it himself.

On my side - 85% will be approved, while the other 15% will not be approved. The market will fluctuate sharply whatever the decision - but things got worse when the bitcoin ETF was rejected, but - not for long.

There's a big difference between forcing something and there being pressure. Yeah no one can force Gensler to approve an ETF, but that doesn't mean there isn't a lot of pressure on him to approve it, because there is, and there has been for most of last year. For example, if SEC rejects the ETFs again now Grayscale will likely sue them because the court already threw out the SEC's bogus reasons for denying Grayscale last time. Other of these firms looking for an ETF approval may sue the SEC as well. So the legal pressure is already there and will likely get a lot more intense if Gensler blocks the ETFs. Also you just know that Gensler is going to be hauled in front of Congress again soon and get grilled mercilessly if he denies the ETFs again.

The political and court pressure is very real for Gensler. And he certainly knows it will get a lot more intense this year if he rejects the ETFs. That doesn't mean he will approve them, because no one can force him, but it does mean he is taking these things into account. While everyone knows he hates Bitcoin and doesn't want to do anything to help it grow in America and wants to see it die in America, given all the pressure on him, and all the pressure that would be on him if he rejects them again, he may be weighing the costs and decide its not worth it to delay the inevitable ETF that's gonna happen anyway in a few years once he is out of office, if the other option is being put under continuous intense pressure for the next 2.5 years of his job.

That's essentially the calculus going on that will decide if the ETFs get approved now. Does Gensler stick to his guns and greatly increase his troubles or does he just say screw it and allow the ETFs against his own personal desires in order to not be hounded by this for the next couple years. It's looking the past month or so more and more like the latter as the SEC is making sure all the applicants have everything perfect and ready to go in the applications and it seems market insiders think its like 80%-90% likely that the ETFs will get approved next week.

If Gensler does continue to stand as a single man against the entire US Bitcoin market, well, he's got a s**tstorm coming his way. Before last year there way no pressure on Gensler so he could reject all ETFs over and over, as the previous head of the SEC did as well, with whatever lame excuses he came up with. But this is a whole different environment since Congress started getting fed up with Gensler continuing to stand in the way of an entire market and since the SEC started losing the court cases they seemed so confident about.

It will surely be forgotten again if things consistently remain to be uncertain. But for now, I think it isn't yet, as there people who are still positive about its acceptance. The year is only getting started, so we still have plenty of time for waiting and giving allocation for the people on the ETF side, if what are going to be their decisions, if it's going to be a yes or a no.

BTC can still soar even without the ETF but only with the halving alone because it's a super event which will impact the Bitcoins mechanism in a positive way. Though with the power of halving and ETF combined, it can be predicted that the duration of the pump will remain longer than usual.

I feel both of your points because as it is now, one cannot tell where all this speculations is going to end. One cannot tell to what direction this is leading to but it will definitely be amongst the two you’ve mentioned in your post. If they reject it this time around, I will have to come to a conclusion that SEC is just here to follow in the manipulation of the market after knowing that the market reacts or respond to the trends of the bitcoin ETF approval.


Any direction the market goes now shouldn’t be a disappointment to anyone. We already know what is ahead of us whether it is accepted or not, by knowing so, I think the mind and body should be programmed to such state so that it doesn’t affect our mental state when the unexpected happens.