Topic: Will SEC approve BITCOIN ETF ? - page 9. (Read 22455 times)
SEC will eventually approve bitcoin ETF. The key question is how soon will this come? Currently the enemies of the people fear power may shift from their hands, because government needs money to have real power otherwise she is handicap. They feel should fund be let loose on the bitcoin market, the people will become rich like them and they may loose control over the key sectors. How long will these "Mafias" continue to block the ETF is what I can't tell.
The Securities and Exchange Commission (SEC) has scheduled to make the official announcement on nine separate Bitcoin exchange traded funds (ETFs). I believe they could take more time make any comment of ETFs which is a good sign. It's true that the SEC is taking more time with the application for approvals which can be considered an excellent sign.
How many times we have heard that the SEC already denied those proposals?
I guess its time to move on and don't put the attention to it as it will bring a bull run in the market. There's more other better way to see the market on bull again.
I guess its time to move on and don't put the attention to it as it will bring a bull run in the market. There's more other better way to see the market on bull again.
if a bitcoin ETF is accepted I think it will definitely happen, but I don't know when the announcement is too many versions of the news is the last news I know if the Bitcoin ETF will be announced next year
In the short-term future? No, they will not, alongside any other future ETF proposals, too. The reason they will always blurt out is that it can be used as a vehicle for fraud and it cannot be easily regulated, as platforms don't always comply with what the SEC needs should ETFs be approved. Oddly so, they are somewhat in favor of some past ETFs but it ended up in a straight-up rejection, so as it stands, even the slickest proposal and application would still be rejected too.
They won't, at least not for now. Also, the crypto community has had enough of the constant delays, that's why the hype around a bitcoin etf has died down.
They (SEC) don't like the idea that there's a lot of people, those from the early days of bitcoin, who are holding big amounts of btc and can potentially manipulate the prices. I don't doubt that there'll be a day when the SEC will give up and just follow the trend, but for now, it is very unlikely that a Bitcoin ETF will get approved any time soon.
They (SEC) don't like the idea that there's a lot of people, those from the early days of bitcoin, who are holding big amounts of btc and can potentially manipulate the prices. I don't doubt that there'll be a day when the SEC will give up and just follow the trend, but for now, it is very unlikely that a Bitcoin ETF will get approved any time soon.
If Sec accept Bitcoin ETF , we can expect the huge bull run for the market .
What do you think ? Will Sec accept bitcoin ETF ?
We've been talking about this for months. I don't believe you'il approve. We're tired of waiting for him to approve. I honestly don't think the price will rise much even if it confirms it. The SEC seems to be awaiting development on a few issues.
Bitcoin ETF approval does not automatically translate to a bull run for all cryptocurrencies. The market is largely unpredictable.
But a piece of supposed good news is very welcome and if it's well received by institutional investors, the price would surely surge.
I don't know if it would be a sustained pump.
With the series of rejections I am not too optimistic about the chances of acceptance. And for good reason.
The problem of possible manipulations and centralization is not to be taken lightly.
But a piece of supposed good news is very welcome and if it's well received by institutional investors, the price would surely surge.
I don't know if it would be a sustained pump.
With the series of rejections I am not too optimistic about the chances of acceptance. And for good reason.
The problem of possible manipulations and centralization is not to be taken lightly.
In simple terms,SEC will not approve BITCOIN ETF because big exchanges have not agreed to the terms and conditions given by SEC.SEC knows that if the big exchanges controlling greater volume of bitcoin traded are regulated and checkmate,this will result in solving the issues of manipulation to a reasonable extent.
But as it stands,the big exchanges have not agreed to the terms and conditions given by SEC.We have seen big exchanges using high leverage ,and if they see they are not in profit,they manipulate the price of btc by liquidating the fund of those that short or long btc.SEC thinks the manipulation has created unfair trading ground for average traders,and they think rights of average traders have been undermined.
On the other hand,Some exchanges have not allocated fund to pay their investors incase of unforseen circumstances of which we have seen many traders loose money whenever exchange is hacked.From my own point of view,SEC will not approve BITCOIN ETF bcs of unregulatory and volatility nature of btc.SEC also thinks the investors funds are not protected if big exchange keep on manipulating and using reported volume.
But as it stands,the big exchanges have not agreed to the terms and conditions given by SEC.We have seen big exchanges using high leverage ,and if they see they are not in profit,they manipulate the price of btc by liquidating the fund of those that short or long btc.SEC thinks the manipulation has created unfair trading ground for average traders,and they think rights of average traders have been undermined.
On the other hand,Some exchanges have not allocated fund to pay their investors incase of unforseen circumstances of which we have seen many traders loose money whenever exchange is hacked.From my own point of view,SEC will not approve BITCOIN ETF bcs of unregulatory and volatility nature of btc.SEC also thinks the investors funds are not protected if big exchange keep on manipulating and using reported volume.
sure it will, but only when the proper time comes.
Well, it is not easy to guess.
But even if they don't, at some point they will approve some application. It is just matter of time nothing more.
But even if they don't, at some point they will approve some application. It is just matter of time nothing more.
as per the previous Sec statements, Sec look favourable towards cryptocurrency we may hope so sec may move positively
no, SEC will most probably reject this ETF and any new ETF in the near future for about a year or two and will not change their stance against bitcoin and its ETFs anytime soon.
and no even if they approve this ETF there will not be any "big" bull runs because you can not change the trend with a simple news. what you can do is that the news can speed up the process. for example now we are in a fixed trend of accumulation then soon after a small rise followed by testing of resistance. and then we have bull run if the resistance is broken.
what positive news can do at this point is that it can speed up the accumulation to reach its end and the "small" rise to begin.
and no even if they approve this ETF there will not be any "big" bull runs because you can not change the trend with a simple news. what you can do is that the news can speed up the process. for example now we are in a fixed trend of accumulation then soon after a small rise followed by testing of resistance. and then we have bull run if the resistance is broken.
what positive news can do at this point is that it can speed up the accumulation to reach its end and the "small" rise to begin.
No one can say for sure ,I'm not sure myself but with ETF we can expect a very high bull run ,what can we do except to wait and see ,hoping for the best, ETF is the only shot bitcoin have left this year ending
If Sec accept Bitcoin ETF , we can expect the huge bull run for the market .
What do you think ? Will Sec accept bitcoin ETF ?
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