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Topic: ETF rejected (Read 905 times)

hero member
Activity: 952
Merit: 576
February 11, 2019, 09:55:00 AM
this is oldest post 2018
copper member
Activity: 70
Merit: 2
February 11, 2019, 06:30:37 AM
I think there are a few good ETFs out there. Not all are the same. Keep the faith.
newbie
Activity: 1
Merit: 0
February 11, 2019, 05:12:07 AM
US government shutdown led to the van eck etf being pulled by van eck/cboe/solidX, it has now been resubmitted but there is no date given yet for when the 240 day notice period will start. Can probably expect a decision at the end of the year. If bakkt gets up and running and the space matures further then it got an ok chance of getting the green light.
full member
Activity: 899
Merit: 101
February 11, 2019, 04:17:59 AM
Yeah, right. Even without ETF, bitcoin still survives. At this point, there are still so many issues with ETF that is why it didn't passed the said criteria given by SEC. They also said that ETF was just an unknown company. Just what many were expecting that ETF will be fit to the SEC's reqt's , that is why many are disappointed about this.
but now , although with ETF bitcoin and cryptocurrency price not recovered yet.almost all of investors wait ETF approval.much people said bitcoin could survive without ETF, but unfortunately fact shows different.
sr. member
Activity: 1330
Merit: 326
February 11, 2019, 01:11:48 AM
Yeah, right. Even without ETF, bitcoin still survives. At this point, there are still so many issues with ETF that is why it didn't passed the said criteria given by SEC. They also said that ETF was just an unknown company. Just what many were expecting that ETF will be fit to the SEC's reqt's , that is why many are disappointed about this.
legendary
Activity: 2954
Merit: 1159
December 12, 2018, 05:13:04 AM
As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.
Definitely not. Initially the plan was to make people rely on ETF decision thus to manipulate thr price but as we go along the way people are getting used to it so the recent denied decision was like an air that passed by. And besides we have more great news that coming in 2019, we should look forward to this. Adoption is real thing now.

https://www.coindesk.com/7-southern-eu-nations-unite-to-take-lead-on-blockchain-adoption

ETF is not rejected, it is only postponed to next year in February 2019.If they wanted to reject the ETF, they could have done so now but they are delaying it means that they are making grounds to accept it.
member
Activity: 462
Merit: 14
December 12, 2018, 04:47:07 AM
This is an old news already because there was another discussions being made as per congress suggestions to improve cryptocurrency system that is acceptable to all countries around the world. However, I do not know for now if there is a news about the discussions though there were speculations already as one of the members of the congress had told that there is a huge percentage that ETF will be approve.
member
Activity: 335
Merit: 10
December 12, 2018, 04:06:20 AM
Proponents of cryptocurrencies do not have to be pessimistic about this. The evolution of money cannot be stopped. If this is not a true evolution then Bitcoin has long since disappeared, so don't worry about the future of Bitcoin. Bitcoin must become very expensive in the future.
member
Activity: 392
Merit: 10
December 11, 2018, 07:04:39 AM
Bitcoin ETF applications may be rejected all the time!
Because of the big doubts about the supervision of BTC and cryptocurrency, there is no way to protect the interests of investors.
 This is the main reason for the rejection of Bitcoin ETFs!
hero member
Activity: 1148
Merit: 504
December 10, 2018, 10:22:29 PM
As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.

From what i am read, final decision is end february. Hoping this is true and ETF approved by authorities because it will increase investor confident. With ETF, financial institution must be want to invest in bitcoin and crypto.

How exactly will it increase confidemce? And that deadline you're saying which is to feb next year has been moved several times already. I don't think an etf approval is the solution to this market crisis at all.
The problem is that this ETF has become the main topic for several weeks in cryptoworld so that when the results are bad, then will be bad for the market, now we need more support such as ETF approval so that confidence will returns?
hero member
Activity: 2660
Merit: 551
December 10, 2018, 09:14:41 PM
Important to note, not all ETF's are the same. There are some promising options being released in February.
we have to wait continuously, I did not find a positive impact from etf.
it's like a game and I'm already bored with various issues. provide constructive information and the market will respond well.

You won't find any positive impact because the EFT decision what postponed again in Feb if I'm not mistaken.

But yes I would have to agree that it really get us bored with all the waiting game. Bakkt postponed as well in January, that's why most investors just decided to get out that's why the price goes suddenly below $4k and with no positive news coming, I'm sure that we will see this trend up to the end of the year.
full member
Activity: 658
Merit: 100
December 10, 2018, 01:15:48 PM
Important to note, not all ETF's are the same. There are some promising options being released in February.
we have to wait continuously, I did not find a positive impact from etf.
it's like a game and I'm already bored with various issues. provide constructive information and the market will respond well.
copper member
Activity: 70
Merit: 2
December 10, 2018, 12:43:54 PM
Important to note, not all ETF's are the same. There are some promising options being released in February.
hero member
Activity: 1246
Merit: 529
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December 10, 2018, 12:07:06 PM
As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.

From what i am read, final decision is end february. Hoping this is true and ETF approved by authorities because it will increase investor confident. With ETF, financial institution must be want to invest in bitcoin and crypto.

How exactly will it increase confidemce? And that deadline you're saying which is to feb next year has been moved several times already. I don't think an etf approval is the solution to this market crisis at all.
hero member
Activity: 1302
Merit: 503
December 10, 2018, 09:33:33 AM
We really don't know what is the effect of ETF into the market once approved by SEC. I've never that it could contribute a lot or help changed the current trend and makes crypto getting stronger. Crypto regulations is a long discussion and it takes months to clearly decide the best.
- Many people and some experts predict that the ETF could make the crypto market grow and become more popular but honestly, I just feel that these are predictions without any basis and factual evidence. They always talk about the great benefits that the ETF brings while they have nothing to prove that it is true and correct, good things seem to be just their imagination, I think there is no ETF, this market will be very good development and that is what it has achieved in recent years, users and investors contribute to this result, the ETF is not important
member
Activity: 420
Merit: 14
December 09, 2018, 11:29:00 PM
Well, this is a definite evidence that the big SEC is actually afraid of crypto currency or they have a vested interest in crypto currency themselves and would want crypto currency to grow at a slowerer pace so that that they could buy more for dirt cheap and get income from it when they have ETF passed. Capitalism.
member
Activity: 812
Merit: 11
December 09, 2018, 08:04:46 PM
As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.

From what i am read, final decision is end february. Hoping this is true and ETF approved by authorities because it will increase investor confident. With ETF, financial institution must be want to invest in bitcoin and crypto.
full member
Activity: 1316
Merit: 126
December 09, 2018, 09:02:23 AM
We really don't know what is the effect of ETF into the market once approved by SEC. I've never that it could contribute a lot or help changed the current trend and makes crypto getting stronger. Crypto regulations is a long discussion and it takes months to clearly decide the best.
legendary
Activity: 1176
Merit: 1024
December 09, 2018, 08:33:22 AM
As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.
Definitely not. Initially the plan was to make people rely on ETF decision thus to manipulate thr price but as we go along the way people are getting used to it so the recent denied decision was like an air that passed by. And besides we have more great news that coming in 2019, we should look forward to this. Adoption is real thing now.

https://www.coindesk.com/7-southern-eu-nations-unite-to-take-lead-on-blockchain-adoption
Yes, For anyone who will open this topic up in December 2018 and forward, this "etf rejected" is the old one not the new one and there is still time for SEC to decide on the next ETF. Saying that I still think they are playing with us like cat and mouse.

First of all, I have always said that even getting rejected by SEC about the ETF is great because it shows how much we matured and the market is becoming more legal and legal every single day which is great for bitcoin.

Also we are getting closer to an ETF for sure, even if this one gets rejected there will be one that will be accepted soon, how many ETF can they reject before they will have to finally accept one because there will be no reason not to accept it. Hence, we just need to be patient and wait for our turn, when it happens we should not allow whales to dictate the market.
sr. member
Activity: 980
Merit: 294
December 09, 2018, 01:42:16 AM
As they said in the SEC, it can be approved tomorrow and maybe in 10 years.

Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.
Definitely not. Initially the plan was to make people rely on ETF decision thus to manipulate thr price but as we go along the way people are getting used to it so the recent denied decision was like an air that passed by. And besides we have more great news that coming in 2019, we should look forward to this. Adoption is real thing now.

https://www.coindesk.com/7-southern-eu-nations-unite-to-take-lead-on-blockchain-adoption
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