One word is going be "HUGEEE" pump but the downside is Bitcoin will be taken by the majority of investment companies.
Today there are 233,016.7158 Total Bitcoin Holdings, $6,102,825,471 Total Value (USD), 1.19% Public Companies Bitcoin Dominance. according to https://www.coingecko.com/en/public-companies-bitcoin
If all Bitcoin ETFs get approved the number 1% could increase I dunno into 10-20% more since those companies like BlackRock had a huge asset.
Topic: Will ETFs pump BTC to $100k soon? - page 2. (Read 896 times)
The SEC does not hate cryptocurrencies but they have not yet succeeded in controlling the market, their goal is to become a regulatory agency and control the market legally so they will continuously attack us to achieve be targeted.
Regarding their acceptance of ETFs, I think it's just a matter of time and there needs to be an appropriate time to announce, such as bull season is a more appropriate time. I don't rule out the possibility that they themselves are trying to manipulate the market.
Regarding their acceptance of ETFs, I think it's just a matter of time and there needs to be an appropriate time to announce, such as bull season is a more appropriate time. I don't rule out the possibility that they themselves are trying to manipulate the market.
Indeed. It should only be a matter of time before the SEC gives the "green light" for a Bitcoin ETF. After all, it wouldn't want to miss a huge opportunity to attract institutional investors into the "future of finance". The more investors get into the game, the more taxes the US government will be able to collect. Regulations are necessary to help legitimize the crypto industry. Without them, it would be the "wild west".
With "Wall Street" onboard, demand for BTC and other cryptocurrencies should be able to rise exponentially over time. $100k per BTC may only be the tip of the iceberg as the best is yet to come. Instead of "whining", people can take advantage of "cheap" market prices to build their own "empire" in the long run. The more BTC you "hodl", the higher your chances of getting rich will be. No one can predict the future, so lets hope for the best. Just my opinion
I don't get why the SEC keeps delaying ETFs, when companies are doing everything they can to comply with regulations. There may be hidden intentions behind such a decision. Maybe it's because the SEC hates Bitcoin (and crypto in general) so much? We can see how SEC Chairman Gary Gensler has been treating crypto exchanges with an "iron fist" lately. If he gets replaced, it's likely the US regulatory agency will give the "green light" for a spot ETF. There are so many investors who want to get into the action.
As it's said in the real world, "money talks". I think the SEC will eventually approve spot ETFs for Bitcoin because of its ever-rising popularity. Once that happens, market prices will be a lot higher than what they are right now. $100k may just be the "tip of the iceberg" as the best is yet to come. Who knows how close we are towards a new ATH? Just my thoughts
They probably know ETFs are coming as there is no way this is not going to happen at some point on the future, but they want to delay it as much as possible until they feel they have enough control over this market, this is why they are going so strongly against exchanges now, and why most likely they will go against stable coins with the same intensity soon, also it seems to me they are worried the price of bitcoin may go up at such a fast speed, as bitcoin is considered to be a form of money opposite to fiat currencies, and if bitcoin becomes so expensive so fast this will bring down the image of fiat currencies even further. As it's said in the real world, "money talks". I think the SEC will eventually approve spot ETFs for Bitcoin because of its ever-rising popularity. Once that happens, market prices will be a lot higher than what they are right now. $100k may just be the "tip of the iceberg" as the best is yet to come. Who knows how close we are towards a new ATH? Just my thoughts
Some ETFs have been rejected by the SEC and delayed until March 2024, which has fueled speculation that the approval of ETFs will coincide with the halving, which would create a bull run that never happened. Furthermore, if this hypothesis is true, it is clear that someone is deliberately delaying and manipulating the market, waiting for the right time to announce. Basically, the SEC cannot continuously reject and delay ETFs without good reason so approval is only a matter of time.
Many people believe that an ETF is nothing and will not affect the price of bitcoin. They should review the gold data when the gold ETF was approved and how strongly the gold price rose.
Many people believe that an ETF is nothing and will not affect the price of bitcoin. They should review the gold data when the gold ETF was approved and how strongly the gold price rose.
I don't get why the SEC keeps delaying ETFs, when companies are doing everything they can to comply with regulations. There may be hidden intentions behind such a decision. Maybe it's because the SEC hates Bitcoin (and crypto in general) so much? We can see how SEC Chairman Gary Gensler has been treating crypto exchanges with an "iron fist" lately. If he gets replaced, it's likely the US regulatory agency will give the "green light" for a spot ETF. There are so many investors who want to get into the action.
As it's said in the real world, "money talks". I think the SEC will eventually approve spot ETFs for Bitcoin because of its ever-rising popularity. Once that happens, market prices will be a lot higher than what they are right now. $100k may just be the "tip of the iceberg" as the best is yet to come. Who knows how close we are towards a new ATH? Just my thoughts
The SEC does not hate cryptocurrencies but they have not yet succeeded in controlling the market, their goal is to become a regulatory agency and control the market legally so they will continuously attack us to achieve be targeted.
Regarding their acceptance of ETFs, I think it's just a matter of time and there needs to be an appropriate time to announce, such as bull season is a more appropriate time. I don't rule out the possibility that they themselves are trying to manipulate the market.
Grayscale is about to launch a Bitcoin ETF soon.
The grayscale bitcoin trust is in form of bitcoin ETF but it is not Bitcoin spot ETF. They've recently won a lawsuit in court against the SEC. Other companies (eg: BlackRock) are considering doing the same. If these large-scale investment companies join the "Bitcoin train", do you think market prices will "pump"? How would this positively affect BTC in the long term? Do you think it's possible the cryptocurrency will reach $100k if ETFs are approved by the US regulatory agency (SEC) before the halving of 2024?
Your input would be greatly appreciated. Thank you.
With bitcoin spot ETF people in the stock market will be able to buy bitcoin. Bitcoin price is expected to go up. But I am more thinking about bitcoin halving which would be enough to cause FOMO and bull run that can take bitcoin to $100000.Your input would be greatly appreciated. Thank you.
With bitcoin ETF, I am expecting $170000.
The 170,000$ is really possible if the BTC ETF is approved by the US, and that will only happen if the US allows investors to buy and sell shares on traditional stock exchanges. Now, when it happens, surely the demand will increase, which will push to increase the price value of Bitcoin.
So in reality, if we look back at history, the US has mostly given rejection in that aspect when it comes to ETF approval. And even if that is approved, no one knows how far Bitcoin's ATH will go. But still, the important thing is that Bitcoin increased to our expected value during the bull run.
This is what we who believe in this matter expect, right?
Some ETFs have been rejected by the SEC and delayed until March 2024, which has fueled speculation that the approval of ETFs will coincide with the halving, which would create a bull run that never happened. Furthermore, if this hypothesis is true, it is clear that someone is deliberately delaying and manipulating the market, waiting for the right time to announce. Basically, the SEC cannot continuously reject and delay ETFs without good reason so approval is only a matter of time.
Many people believe that an ETF is nothing and will not affect the price of bitcoin. They should review the gold data when the gold ETF was approved and how strongly the gold price rose.
Many people believe that an ETF is nothing and will not affect the price of bitcoin. They should review the gold data when the gold ETF was approved and how strongly the gold price rose.
I don't get why the SEC keeps delaying ETFs, when companies are doing everything they can to comply with regulations. There may be hidden intentions behind such a decision. Maybe it's because the SEC hates Bitcoin (and crypto in general) so much? We can see how SEC Chairman Gary Gensler has been treating crypto exchanges with an "iron fist" lately. If he gets replaced, it's likely the US regulatory agency will give the "green light" for a spot ETF. There are so many investors who want to get into the action.
As it's said in the real world, "money talks". I think the SEC will eventually approve spot ETFs for Bitcoin because of its ever-rising popularity. Once that happens, market prices will be a lot higher than what they are right now. $100k may just be the "tip of the iceberg" as the best is yet to come. Who knows how close we are towards a new ATH? Just my thoughts
ETF will do little or nothing to make Bitcoin price appreciate, it's regular market stuff that is being hyped for crypto, and it will come and go with a slight effect when they eventually approve it. Bitcoin has already been inculcated into the mainstream of the financial market and it's now well-capitalised, and the capital will continue to grow with time. By this, you should know that the ETF is just an added plus, not the mains, it won't matter so much. Only that the market tends to temporarily dance to the psychology of people about an event, which is why you see it move when such ETF news is out.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
It could be "priced in" as you've said. But this is only a "wild guess", due to the crypto market's unpredictable nature. I'm certain there will be a lot of hype surrounding Bitcoin if spot ETFs are approved by the SEC. It could be a short-term opportunity for you to sell at a profit if you've bought BTC beforehand. Post-halving, I think prices will rise all the way to $100k and above. There's a lot of demand for BTC these days (both from institutional investors and mainstream governments themselves). Buying now would be the only way to secure low prices before the "pump". Who knows how long will it take before the "excitement" happens? Just my opinion
I'm also would agree that if spot ETFs are going to be approved, even one, it will case a big splash in the market, and so institutional investors and retail investors will join hands again to push the price to another all time high next bull run.
So imagine if others would have been approved by SEC just in time in the bull run, and that's why the prediction of $100k could be seen next as conservative estimates and for sure there will be excitement and euphoria again, the feeling of another bull run and new all time high in the horizon.
Some ETFs have been rejected by the SEC and delayed until March 2024, which has fueled speculation that the approval of ETFs will coincide with the halving, which would create a bull run that never happened. Furthermore, if this hypothesis is true, it is clear that someone is deliberately delaying and manipulating the market, waiting for the right time to announce. Basically, the SEC cannot continuously reject and delay ETFs without good reason so approval is only a matter of time.
Many people believe that an ETF is nothing and will not affect the price of bitcoin. They should review the gold data when the gold ETF was approved and how strongly the gold price rose.
ETF will do little or nothing to make Bitcoin price appreciate, it's regular market stuff that is being hyped for crypto, and it will come and go with a slight effect when they eventually approve it. Bitcoin has already been inculcated into the mainstream of the financial market and it's now well-capitalised, and the capital will continue to grow with time. By this, you should know that the ETF is just an added plus, not the mains, it won't matter so much. Only that the market tends to temporarily dance to the psychology of people about an event, which is why you see it move when such ETF news is out.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
It could be "priced in" as you've said. But this is only a "wild guess", due to the crypto market's unpredictable nature. I'm certain there will be a lot of hype surrounding Bitcoin if spot ETFs are approved by the SEC. It could be a short-term opportunity for you to sell at a profit if you've bought BTC beforehand. Post-halving, I think prices will rise all the way to $100k and above. There's a lot of demand for BTC these days (both from institutional investors and mainstream governments themselves). Buying now would be the only way to secure low prices before the "pump". Who knows how long will it take before the "excitement" happens? Just my opinion
I'm also would agree that if spot ETFs are going to be approved, even one, it will case a big splash in the market, and so institutional investors and retail investors will join hands again to push the price to another all time high next bull run.
So imagine if others would have been approved by SEC just in time in the bull run, and that's why the prediction of $100k could be seen next as conservative estimates and for sure there will be excitement and euphoria again, the feeling of another bull run and new all time high in the horizon.
ETF will do little or nothing to make Bitcoin price appreciate, it's regular market stuff that is being hyped for crypto, and it will come and go with a slight effect when they eventually approve it. Bitcoin has already been inculcated into the mainstream of the financial market and it's now well-capitalised, and the capital will continue to grow with time. By this, you should know that the ETF is just an added plus, not the mains, it won't matter so much. Only that the market tends to temporarily dance to the psychology of people about an event, which is why you see it move when such ETF news is out.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
It could be "priced in" as you've said. But this is only a "wild guess", due to the crypto market's unpredictable nature. I'm certain there will be a lot of hype surrounding Bitcoin if spot ETFs are approved by the SEC. It could be a short-term opportunity for you to sell at a profit if you've bought BTC beforehand. Post-halving, I think prices will rise all the way to $100k and above. There's a lot of demand for BTC these days (both from institutional investors and mainstream governments themselves). Buying now would be the only way to secure low prices before the "pump". Who knows how long will it take before the "excitement" happens? Just my opinion
Responding to the OP's statement, if the Bitcoin ETF is accepted, BTC will experience a short pump and then stabilize or even drop in price again. ETFs will make BTC more accessible, especially in the stock market, and more people or traders will be able to trade BTC. Of course this is able to bring BTC to a price of $100,000 but not in the short term but in the long term.
Sorry, I have a question for other members regarding ETFs. Many ETFs have been proposed but until now none have been approved. Do you think there are still any shortcomings in the ETF proposed this time? Or will the ETF be different this time? please explain. What are the benchmarks that determine whether an ETF will be approved? it's still very vague here. What is the assembly waiting for and what is missing from the Bitcoin ETF until there is no ETF approved yet.
Sorry, I have a question for other members regarding ETFs. Many ETFs have been proposed but until now none have been approved. Do you think there are still any shortcomings in the ETF proposed this time? Or will the ETF be different this time? please explain. What are the benchmarks that determine whether an ETF will be approved? it's still very vague here. What is the assembly waiting for and what is missing from the Bitcoin ETF until there is no ETF approved yet.
How we sure that ETF will trigger the acceleration of value and if it should trigger the acceleration of value or price, It will be in small fraction not as many people expected that the price of bitcoin will skyrocket beyond the normal circulation or rotation and stagnant price of bitcoin. All what we saying here is assumption, speculation or prediction because nobody is hundred of fifty percent sure of the ETF making bitcoin to have price acceleration that is difference from the normal slow of bitcoin increment in value
I don't know if that's OP meant but given that it's a question, I think OP isn't dealing with certainties here so it's safe to assume that OP is just asking questions whether bitcoin would benefit to the introduction of ETF, ETFs help in making bitcoin more accessible to more people which isn't bad although there's also the downside that people who invest in ETFs don't have a direct ownership of bitcoin. So in regards to how sure we are, it's still debatable. 
ETF will do little or nothing to make Bitcoin price appreciate, it's regular market stuff that is being hyped for crypto, and it will come and go with a slight effect when they eventually approve it. Bitcoin has already been inculcated into the mainstream of the financial market and it's now well-capitalised, and the capital will continue to grow with time. By this, you should know that the ETF is just an added plus, not the mains, it won't matter so much. Only that the market tends to temporarily dance to the psychology of people about an event, which is why you see it move when such ETF news is out.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
I've witnessed many of such hyped developments in the past, the effect wouldn't be sizable anymore when eventually approved and it might cause a little rise but will subside without achieving an added $5,000, not to talk of making it hit the ATH or your $100K.
During the Covid pandemic, not only the cryptocurrency market but other financial markets also witnessed impressive gains and that happened because the government continuously printed money to save the economy.
You are wrong to underestimate the role of the government and the Fed in this financial game, they are the biggest influencers whether we accept it as truth or not. If the economy doesn't recover and interest rates don't fall, don't expect a bull season. Like what's happening now, when the economy is tough and people don't have money to invest, don't expect to trigger any bull markets. A bull market occurs when there is money flowing into the market, how do we have new money flowing in when the economy is in difficulty?
You are wrong to underestimate the role of the government and the Fed in this financial game, they are the biggest influencers whether we accept it as truth or not. If the economy doesn't recover and interest rates don't fall, don't expect a bull season. Like what's happening now, when the economy is tough and people don't have money to invest, don't expect to trigger any bull markets. A bull market occurs when there is money flowing into the market, how do we have new money flowing in when the economy is in difficulty?
The FED and the US government are a "force to reckon with". They dictate the rules of the global economy with their actions. After all, the USD is still the reserve currency of the world. The increasing interest rates from "The FED", will keep markets in the low for a short period of time. I'm surprised to see how the crypto market has fared better than other markets during these uncertain times. Major investment companies (BlackRock, Fidelity) are already showing interest by going all into Bitcoin. Therefore, it should only be a matter of time before BTC experiences a new ATH.
The real question is "when". If spot ETFs are approved by the time the block reward halving takes place, market prices will "pump" at a very fast pace. No one can predict the future, so lets hope for the best. Just my opinion
Grayscale is about to launch a Bitcoin ETF soon. They've recently won a lawsuit in court against the SEC. Other companies (eg: BlackRock) are considering doing the same. If these large-scale investment companies join the "Bitcoin train", do you think market prices will "pump"? How would this positively affect BTC in the long term? Do you think it's possible the cryptocurrency will reach $100k if ETFs are approved by the US regulatory agency (SEC) before the halving of 2024?
Your input would be greatly appreciated. Thank you.
This will speed up the process to be honest. If these companies win, then definitely they will create lot of many opportunities in the Bitcoin ecosystem and it will hence lead to large scale promotion of Bitcoins. Now more people will be interested to join the Bitcoin community, and hence they will start buying the coins. This will increase the demand to acquire the coins. And as we know Bitcoins are limited in numbers, hence to balance the demand the price will go up. So yes it will indirectly help Bitcoins price go up.Your input would be greatly appreciated. Thank you.
In the long run, the bitcoin price will go high due to the ETF approvals but i do not know how the price will play its part in the short run. There can be hype of bitcoin ETF and the price may rise very high but as soon as the ETF is approved, the price can dump for a short period of time. I am saying this because of my previous analysis when the price keeps on rising near any major event and starts to dump on or near the event.
However due to the nature of this event, as a lot of investments will come into bitcoin, the price may never dump at all and keep rising.
If and when a Bitcoin spot ETF gets approved for Blackrock for example the markets
will react to this, there will probably be a drop in price in the short term because of >>>
"buy the hype, sell the news"
(....)
For sure yes, but after that everything will start to cool off. I believe it will start to pump. Just check out what happened with Gold when ETF started, the price of gold just started to pump.will react to this, there will probably be a drop in price in the short term because of >>>
"buy the hype, sell the news"
(....)
ETF is extremely big thing for Bitcoin right now, it is most awaited event right now and a lot of people are expecting it.
Yes there is quite a big buzz around this but I think its primarily because of Blackrock
being involved and the recent court case won by Grayscale against the SEC also increases
the excitement around this.
There are a lot of predictions and lots of speculation around this but the general feeling
certainly among Bitcoiners is that its going to be big especially as we get nearer the halving,
if there is no decision this year and it gets approved early next year, those two events aligning
together will be massive.
$100k for sure
If and when a Bitcoin spot ETF gets approved for Blackrock for example the markets
will react to this, there will probably be a drop in price in the short term because of >>>
"buy the hype, sell the news"
(....)
For sure yes, but after that everything will start to cool off. I believe it will start to pump. Just check out what happened with Gold when ETF started, the price of gold just started to pump.will react to this, there will probably be a drop in price in the short term because of >>>
"buy the hype, sell the news"
(....)
ETF is extremely big thing for Bitcoin right now, it is most awaited event right now and a lot of people are expecting it.
If and when a Bitcoin spot ETF gets approved for Blackrock for example the markets
will react to this, there will probably be a drop in price in the short term because of >>>
"buy the hype, sell the news"
but medium term the price will increase. A spot ETF means that any of Blackrocks clients
who want to buy the Bitcoin ETF then Blackrock have to actually hold that amount. This could
result in a supply v's demand issue.
Also just to remind all, Blackrock is the worlds largest investment company.
will react to this, there will probably be a drop in price in the short term because of >>>
"buy the hype, sell the news"
but medium term the price will increase. A spot ETF means that any of Blackrocks clients
who want to buy the Bitcoin ETF then Blackrock have to actually hold that amount. This could
result in a supply v's demand issue.
Also just to remind all, Blackrock is the worlds largest investment company.
How we sure that ETF will trigger the acceleration of value and if it should trigger the acceleration of value or price, It will be in small fraction not as many people expected that the price of bitcoin will skyrocket beyond the normal circulation or rotation and stagnant price of bitcoin. All what we saying here is assumption, speculation or prediction because nobody is hundred of fifty percent sure of the ETF making bitcoin to have price acceleration that is difference from the normal slow of bitcoin increment in value
If many will create a hype over this update, then we can have that pump but for sure it will not be as big as we wanted to. There’s a lot of rumors already with ETF before and yet we are still on this level, so better not to expect that much and just look at the market realistically. If you are going to look at BTC price right now, you’ll realize that $100k is still far from reality and there’s a lot of resistances that needs to break first. 
How we sure that ETF will trigger the acceleration of value and if it should trigger the acceleration of value or price, It will be in small fraction not as many people expected that the price of bitcoin will skyrocket beyond the normal circulation or rotation and stagnant price of bitcoin. All what we saying here is assumption, speculation or prediction because nobody is hundred of fifty percent sure of the ETF making bitcoin to have price acceleration that is difference from the normal slow of bitcoin increment in value
Grayscale is about to launch a Bitcoin ETF soon. They've recently won a lawsuit in court against the SEC. Other companies (eg: BlackRock) are considering doing the same. If these large-scale investment companies join the "Bitcoin train", do you think market prices will "pump"? How would this positively affect BTC in the long term? Do you think it's possible the cryptocurrency will reach $100k if ETFs are approved by the US regulatory agency (SEC) before the halving of 2024?
Your input would be greatly appreciated. Thank you.
When Gold has it's first Spot ETF, it's price shoot up from I think around $400, to as high as $2000. Correct me if I'm wrong with the numbers, but the point is that the price of Bitcoin increased significantly as the ETF has been released.Your input would be greatly appreciated. Thank you.
Will the same happen with Bitcoin? I think it will be. Markets are heavily driven by the sentiments of the investors whether it is the Stock Market, or the crypto market, and many investors sees an acceptance of the first Spot Bitcoin ETF as a positive news, and knowing that it's Grayscale, and currently Blackrock who's applying for it, if both gets accepted, I believe Bitcoin will shoot up like what happened with Gold decades ago.
Price-wise, it will have a positive effect towards Bitcoin. Will it reach 6-digit price if an ETF gets accepted? Yes it will. I believe this is the catalyst that we are waiting in order for the bull run to start a few years from now. An acceptance of a Spot Bitcoin ETF especially from a company like Blackrock will have a domino effect towards other institutions and therefore, it will make it's price even higher. Well, this is what I believe, but it's not 100% sure that it will happen though.
The problem with bitcoin is that there are forces working against it, mainly political. There are people who just don't want people to hold their own money in their pockets and these are the same people who blocked people's accounts in Canada and the same people that want to introduce CBDCs. For this reason an ETF on bitcoin may not have the same impact as a gold ETF had on the price of gold.
Bitcoin is still going to move up when it happens, but be ready for a lot of FUD spread by its enemies. The enemies that paid for that greenpeace smear campaign, and others.
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