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Topic: Will SEC approve BITCOIN ETF ? (Read 22428 times)

hero member
Activity: 1302
Merit: 540
February 06, 2019, 05:46:53 AM
I'm positive about the ETF approval and I'm sure both ETF and bakkt are been postponed waiting for the perfect time to approve which will have huge impact on bitcoin price
I don't think the ETF approval will get more and long term impact on the prices of bitcoin but this can be a reason to bring the bull run,so once the market keep started to recover more and more investors will take the capitalization into new level.
That particular hope will spark investors interest, though it's still a question whether this one will be approved but many hopes that it will bring some
interested investors money to be place inside the market, recovery will happen if there's new players that will ride with this news.

Timing will be the question from both investors and traders that's still waiting for the final decisions of SEC.
hero member
Activity: 1008
Merit: 501
February 06, 2019, 05:31:51 AM
At some point ETF will gets approved, people have come to a state not to consider it anymore. In the past on every ETF approval request people were made to panic. There will be FUD around and the same used as a manipulative source. Now users are much clear and this time there isn't big fluctuation in the market.
Because the SEC's concern is about security on trading and investment in bitcoin, fluctuations are taken into consideration. when fluctuations may weaken, maybe the ETF can be approved. but many people say that prices will never be stable?
I hope that perspective of SEC about bitcoin will be different in the future. I believe bitcoin ETF will be approved
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
February 06, 2019, 04:54:40 AM
I'm positive about the ETF approval and I'm sure both ETF and bakkt are been postponed waiting for the perfect time to approve which will have huge impact on bitcoin price
I don't think the ETF approval will get more and long term impact on the prices of bitcoin but this can be a reason to bring the bull run,so once the market keep started to recover more and more investors will take the capitalization into new level.
newbie
Activity: 15
Merit: 0
February 06, 2019, 02:13:18 AM
I believe that SEC will accept a Bitcoin ETF but not anytime soon there is more progress in Europe with Switzerland as this country has approved a Bitcoin ETF the United States I think would like to see a lot more regulation implemented into the Crypto markets. The United States doesn't like the citizens investing in ICO's or their citizens depending on the legal circumstances in some cases promoting ICO's. I think that the law makers and SEC move slowly at time sometimes on purpose. I would love to see the US approve an ETF but still wonder would it instigate a bull run maybe not the crypto market is it's a funny market certainly a mini bull run $8-$9K

The bright side though nothing more financial the Geneva Switzerland  Shocked
hero member
Activity: 2912
Merit: 674
February 06, 2019, 01:21:32 AM
Its not just about the approval only ,for ETF to have huge impact on the market price ETF approval must be approved at the perfect time or else it won't have huge impact ,one of the perfect time is 'the next halving.
So the bleeding will continue.
I just think that if they will approve this year, we will stop the bear of operating the market.
When you are down 10x times of the original price of your holding, you're desperate for a change.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
February 04, 2019, 06:44:15 PM
Smiley Smiley Smiley
If Sec accept Bitcoin ETF , we can expect the huge bull run for the market .
What do you think ? Will Sec accept bitcoin ETF ?
In my opinion if SEC really wants the bitcoin ETF to approve why they still not do it now? But I heard a rumor that they don't have any decisions now so I think they announce it in October if I'm not wrong. But I think even there's a approval or not bitcoin is still bitcoin and still people are the one can make bitcoin move up to higher price.
member
Activity: 490
Merit: 12
February 01, 2019, 11:13:26 AM
Yes it will be approved this year thats why we will have a new ath this year up $100k per btc, Im so optimistic that it will happen this year because of institutional investors many companies are waiting for this approval believe me this is gonna be massive adoption from big investors.
If truly approved this will be  a landmark in the history of bitcoin so much attention had been on this ETF SEC approval after series of delays however I totally disagree that a new ath of $100K will be attained this year while alot of company might get involved in bitcoin and other cryptos this does not mean there gonna be massive pump up to that price mark as you predicted.
hero member
Activity: 2604
Merit: 548
Vave.com - Crypto Casino
February 01, 2019, 10:27:39 AM
At some point ETF will gets approved, people have come to a state not to consider it anymore. In the past on every ETF approval request people were made to panic. There will be FUD around and the same used as a manipulative source. Now users are much clear and this time there isn't big fluctuation in the market.
Pab
legendary
Activity: 1862
Merit: 1012
February 01, 2019, 09:57:26 AM
It looks like new deadline will be October planty of time
I follow very good US lawyer on Twitter he told that new proposal is much better then previous one and has more chance to be approved
But first will be Fidelity and Bakkt
Both together will be much more then ETF
Also USA is not only one place of the world where bitcoin EFT can be approved

Presumably they'll be able to do their multiple extensions again, or perhaps October is when all the extensions run out. Can't be bothered to figure it out.

What's different about this proposal? How did they find the time to do something new when it's just been a few days since it was withdrawn?
You can follow Jack twitter he is really fine lawyer and his sharing his knowledge with crypto community  https://twitter.com/jchervinsky
You can't find better source of information about US legislation
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 01, 2019, 09:44:05 AM
It looks like new deadline will be October planty of time
I follow very good US lawyer on Twitter he told that new proposal is much better then previous one and has more chance to be approved
But first will be Fidelity and Bakkt
Both together will be much more then ETF
Also USA is not only one place of the world where bitcoin EFT can be approved

Presumably they'll be able to do their multiple extensions again, or perhaps October is when all the extensions run out. Can't be bothered to figure it out.

What's different about this proposal? How did they find the time to do something new when it's just been a few days since it was withdrawn?
Pab
legendary
Activity: 1862
Merit: 1012
February 01, 2019, 09:41:02 AM
So it looks like the clock has been reset for their application.

https://www.blockonedaily.com/vaneck-and-solidx-re-files-bitcoin-etf-application/

I'd prefer it if this plaster was ripped off now rather than peeled pore by pore. Perhaps the SEC won't procrastinate this time considering they were on the verge of having to deliver a verdict before the shut down.

It looks like new deadline will be October planty of time
I follow very good US lawyer on Twitter he told that new proposal is much better then previous one and has more chance to be approved
But first will be Fidelity and Bakkt
Both together will be much more then ETF
Also USA is not only one place of the world where bitcoin EFT can be approved
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 01, 2019, 08:52:56 AM
So it looks like the clock has been reset for their application.

https://www.blockonedaily.com/vaneck-and-solidx-re-files-bitcoin-etf-application/

I'd prefer it if this plaster was ripped off now rather than peeled pore by pore. Perhaps the SEC won't procrastinate this time considering they were on the verge of having to deliver a verdict before the shut down.
member
Activity: 938
Merit: 14
Earn more with Earn Network
February 01, 2019, 05:47:19 AM
Despite the past decline of Bitcoin ETF by SEC, Bitcoin seems to be strong and never dying off on the market. This shows that if all investors and crypto community put extra effort and positive attitude, Bitcoin can rise with or without the acceptance of Bitcoin ETF by SEC. However, SEC will accept Bitcoin ETF one day as cryptocurrency grows in adoption.
member
Activity: 225
Merit: 10
quarkchain.io
February 01, 2019, 05:29:48 AM
it will take time, its been already 6 years since the Winklewoss has submitted the first ETF

but as long as we do progress and regulate the market, eventually the SEC will approve it

but I think we don’t have a focus on that, real adoption its much more important
sr. member
Activity: 1470
Merit: 325
February 01, 2019, 05:14:32 AM

because it is being used to get attention
Pab
legendary
Activity: 1862
Merit: 1012
January 31, 2019, 01:46:42 PM
Read about Bakkt
It is much more then ETF
Bakkt doesn't need Sec approval CFTC approval will be enough
It looks like that with Bakkt will be also possible to create ETF
I am posting article below it is really eyes opening

http://fortune.com/2019/01/14/bakkt-acquisition-consumer-payments/
full member
Activity: 627
Merit: 103
January 31, 2019, 05:07:50 AM
I don't think SEC will approve Bitcoin ETF at this moment. Because Everybody does know that bitcoin is too much volatile, Even Bitcoin's price can't stand high for more than one month! I don't know why SEC rejected bitcoin every time, but Volatile can be a reason!
full member
Activity: 657
Merit: 100
January 24, 2019, 10:24:10 AM
Smiley Smiley Smiley
If Sec accept Bitcoin ETF , we can expect the huge bull run for the market .
What do you think ? Will Sec accept bitcoin ETF ?
If SEC accept Bitcoin i don't think bull run must be happened. I know SEC rejected ETF 9 proposal but ETF is the great innovation to build sustainable market for the future generation definitely will get advantages.
legendary
Activity: 2576
Merit: 1655
January 24, 2019, 09:51:03 AM
today again ETF is cancel but the fact is that bitcoin on this news did not go to the bottom to update the minimum
To be honest, I am quite surprised that the price of bitcoin did not drop by a huge amount after the bitcoin ETF proposal submitted by VanEck and SolidX was withdrawn. Hopefully we will not see the price of bitcoin dropping in the next few days as I am afraid it will cause another waves of panic selling on the crypto-currencies trading market.

Maybe there's a lot of people haven't heard the news yet, or just the people grow tired of this whole Bitcoin ETF and get out of the market when the price plummets to its all time low.

So let's see in the next couple of days once the news sinks in. Everyone was hoping for a positive outcome and even calling it the catalyst for the next bull run. But its not the end of the road, as mentioned it was just a withdrawal and proposals will be submitted when the dust settled in the following months.
staff
Activity: 3038
Merit: 568
APP下载sbapp.io
January 24, 2019, 08:36:57 AM
today again ETF is cancel but the fact is that bitcoin on this news did not go to the bottom to update the minimum
To be honest, I am quite surprised that the price of bitcoin did not drop by a huge amount after the bitcoin ETF proposal submitted by VanEck and SolidX was withdrawn. Hopefully we will not see the price of bitcoin dropping in the next few days as I am afraid it will cause another waves of panic selling on the crypto-currencies trading market.
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