Topic: ETFs (Read 304 times)

And up to now, we really don't know the stance of SEC, last time we heard is going to be this November 5 or 6 but they're still mum about so we might as well forget about it. Actually almost everyone is getting tired whether they're going full blast on approval or not. Others said, that it won't bring any significant impact and its already price-in, while there's another group claiming that it will bring some confidence back, hence a possible bull run. So let's see how it pans out, we can't really tell at this point unless we hear the news directly from them, either positive or negative.

ETFs may have positive influence on bitcoin, because it will bring benefits to users and investors. Anything which increase functional capacity of bitcoin adds a value to bitcoin.

ETF will just make it easy for regular people and specially mid forties type of age people to get into bitcoin without really fearing about it, unfortunately bitcoin is still not that easy to obtain for old people, when you are in something it looks simple but when you are outside looking in it may look terrifying.

Right now the best example is probably coding, if you know one language of programming and write just "hello world" it is the simplest thing in the world, any coder who can do any decent programming will tell you making a program write "hello world" would take probably 10 seconds at most, however if you have NO idea how coding works than you wouldn't even have a clue WHERE to write it to begin with. Same with bitcoin, when you are a bitcoin follower and care about it is simple but when you are mid forties worrisome person it looks like its dangerous.

I think ETFs are great and all and the system coukd be innovative and simple. But then again, simole isn't necessarily easy and cheap. I mean we could see this maybe after five tp ten years depending on the studies and experiments thwy use. But i believe ETFs could be the next step in crypto currency.

Exactly. It mostly affects the mindset of those that aren't yet too well versed in crypto that it'll be the start of government acceptance hence a price surge. And most of us long term users know it's not going to work that way.

Well i think it is a steo forward if we move to EFTs in the future and it does give investors a level of security and comfort. But there are still alot of this we don't understand that might come up in the future and might bite us in the back. What do you guys think are the downsides to this. Because I'm barely understandin the concept.

How does SEC approval add legitimacy to bitcoin? Bitcoin itself cannot be illegitimate and issuing an ETF isn't any sort of indicator on future price increase or not. The only thing an ETF does is offer more protection but the largest of whales wouldn't be put off investing in bitcoin as is because they can easily hire someone to do it for them in a way which is completely safe for them just like an ETF would be.

But I guess its inevitable.


Yes, I won't see SEC accepting it this year, perhaps in the next 1-2 years when they have grasp how this market works and how "manipulation" can be reduced then that's they time we might see them giving it a go signal.


Demand will definitely go higher as SEC's approval can be look at adding some form of legitimacy so investors are willing to pour their cash. I think Wall Street's are just waiting for this big news and once its approved, it just a matter of time for huge investors to come in and make the most out of this market.

Something not having a direct influence on something does not mean that it won't have any influence. ETFs could have multiple different effects on bitcoin's price, as for which one will be the more prominent or how prominent it will be, that's impossible to say at this moment. One thing that I do believe is that given how so many are putting hope behind ETFs reversing bitcoin's trend I am concerned and skeptical of that belief. People can trade ETFs in both directions just as they can short the price of bitcoin itself. Regardless, I suspect the next bull run will be in flow before bitcoin gets an ETF. There will be little clamoring for it in the current market because the price is so stable, when there's more volatility again people will look at ways to profit from that and for a lot an ETF will be the answer. Fortunately many are already presenting ideas to the SEC now and negotiations are in full flow, maybe by the time an ETF is actually needed and demanded for one will have been approved.

Interesting how there's so much dependence on ETF for the market to experience a bull run, ETF as we all know will pave way for centralization and regulations from the government agencies like the SEC. The bull run of 2017 did not stem from a SEC approval you know..

Maybe some people hope the ETF is something extraordinary that can make positive news in the world so that it invites a lot of adoption for all investors, whatever happens I hope the best for Bitcoin is enough for me to make bad news about Bitcoin to advance in the future , over time with greater public interest in Bitcoin, this is an advantage to take into account the future of Bitcoin which is very good.

Approval of ETFs will take some more time but not too long.

I think it won't be accepted in the next one month for example because we still have a lot of ways to go however I do not believe it will be later than 2020 neither. Hence, anything between 2019 and 2020 would be a wise assumption, it will during the year 2019 but when it will be I have no idea, depends on what the SEC looking for in an ETF before they accept it.

If it is the demand than we can be assured that there is a huge demand for a bitcoin ETF and we will eventually get it however if it is "would having a bitcoin ETF affect anything" then we might have a trouble because even though all the speculators here talk about how having an ETF would change everything it probably change anything for neither us the bitcoin people nor for the ETF investors because there won't be a much change, ETF won't affect bitcoin directly so it won't change it at all.

Let us just hope that ETF would give positive outcome to cryto world.

"ETFs allow investors to diversify their investments without actually owning the assets tracked by an ETF".

Read more: Bitcoin ETFs Explained | Investopedia https://www.investopedia.com/investing/bitcoin-etfs-explained/#ixzz5UcgvT700

I think it is more important to provide adoption compared to the ETFs. If adoption happens, everything will follow.

Etf should not be easy to pass, Etf is more traditional fund, so the price fluctuations of BTC is very difficult to pass Etf.

ETNs not ETFs... not completely the same.

I think it is August 10 or August 16 when  we will know for the CBOE. Since it is August 7 today, we have less than a week to go!

I do not know the details of their intentions. But the more opportunities there are, the more options there are to succeed in the financial sector. The main purpose of the business owners is to offer community values and services to the community. This will open a new era for the social community as well as the financial community.

Thank you very much, great answer! As opposed to: "only God knows so why ask?" or "be more creative in your question"
Thank you pharmacist as well.

And your answer is a typical vapid shitpost.

I haven't used ETFs in the stock market, as I prefer the Warren Buffett approach of buying stocks outright.  This has quite a few advantages, one of which is voting rights at the shareholder meetings.  And yeah, there are advantages to owning derivative instruments, but I'll own the real thing when I can.  In the case of bitcoin, I don't really see the advantage of an ETF over just owning bitcoin.  It's not like you need to own the ETF because you can't just buy btc, like you might if you wanted to buy a share of Berkshire Hathaway (might be too expensive for the average person, even though there's a class B share) or shares in a company that isn't public.

What I thought when the btc ETFs came out is that they were going to influence the price a lot, either with less volatility or more of it, though bitcoin would be hard-pressed to be more volatile.  I also thought these would appeal to investors with extremely deep pockets who couldn't buy or sell actual bitcoin without moving the market too much.  I don't know if that's happened or not, since I don't really follow what's going on with the ETFs.  I haven't even read much about them here--everytime they're mentioned, the threads turn into shitpost dumps full of garbage like the one I quoted above.
...and here comes Hydrogen offering one of the most useful answers in this thread.  Bravo, my man.

A european investment firm is offering crypto ETF's to investors:

https://bitcointalksearch.org/topic/the-eus-biggest-etf-firm-expands-into-crypto-products-4609031

I'm doubtful the SEC will approve similar investment opportunities inside the USA.

The rest of the world will have easy access to crypto ETF's while americans will not. 

Its difficult to pinpoint a motive behind this without delving into a world of dark and mysterious conspiracy theories. The only thing that can be said is those living in countries other than the USA will have an easier time investing in crypto ETFs and profiting from them.

How does ETFs actually help the price movement of Bitcoin? Because I don't see any direct relation with it and Bitcoin as they are totally from different market industries. I don't even know if ETF fund managers are allowed to put BTC to one of their investment portfolios due to volatility and lack of fundamental attributes. But if you are talking about the influence of its price movement, I don't think it is the only one helping if other markets as well is going up then we can suspect that the cryptocurrency market is headed to the same direction as others.

As everyone knows that ETF which are known as Exchange Traded Funds are rarely seen traded in the crypto market because of the decentralization. But recently there has been launched an ETF on the start of the year 2018 and I am sure that they are doing every possible thing to bring the positive movement to bitcoin. I think more ETF's can be seen introduced soon by the 2018 year end and it will be helpful if it starts during a strong bullish rally.

I love this type of questions because if I would know the answer I would be the richest man in the universe probably, like when the bear market will end. Will bitcoin be successful in 2018, etc.

Of course ETFs bring very positive moves, because if ETFs are well used .. well, it will bring benefits to users and investors ,,.

From my point of view, your question is a little less creative ...: D

WHAT ALL INVESTOR MUST KNOW ABOUT ETFs?

I would love ETFs to come to the cryptoworld. I use them regulary for the share market, and they are a great way to diversify at a low cost without buying all the shares individually. I guess its only a matter of time until a product becomes available.

The answer to that question is worth billions of dollars.
 Nobody know, and if someone knew he would not tell you here for free

I understand that ETFs will bring a positive movement to bitcoin. Anyone knows when more ETFs will come into the game?