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Topic: Your thoughts on ETF and its effect in crypto space - page 2. (Read 341 times)

newbie
Activity: 38
Merit: 0
It will happen, just not at the moment you'd expect it to. Also, you can already buy bitcoins via various exchange traded funds. Grayscale has some products.
member
Activity: 616
Merit: 30
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
Lol it's been herr for Years and still nothing positive happening to the crypto and all are just failure and waste of time for expectorant


Honesty for me?this will never to happen that ETF will gather truthful adoption
legendary
Activity: 3472
Merit: 10611
in US (with SEC) it won't happen for many years and we have not seen any reason indicating them wanting to change their mind about it. in other countries however it has already happened and we already have a handful of ETFs in place.

it doesn't do anything to bitcoin or change anything about it though! you shouldn't even care about things that aren't actual adoption of bitcoin itself. ETF is a workaround to get something else instead of bitcoin linked to bitcoin! you should only care about things that mean people buy actual bitcoin and use it.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
I've been hearing and reading nrws about bitcoin ETF since last year, and it had been denied since then. So, I doubt if ever it will happen soon, or if it will ever happen. I think even without it, the growth of bitcoin is inevitable as it improves and continues to more convenient and fit for everyone to be used in a daily basis.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
It will happen I think. It's really just a matter of when. It could take decades before one gets accepted, but it's going to happen.

What are your thoughts on this?
An ETF is definitely not necessary and we can definitely live and make bitcoin move forward without it. Though, having a bitcoin ETF definitely helps bitcoin in terms of liquidity, and I think bitcoin would find it's sort of "stable price" a lot sooner with ETFs around.
hero member
Activity: 2870
Merit: 594
I agree that this community have lost it's trust on any bitcoin ETF approval. We have seen what like 10 already being denied so I doubt that we will see any approval in the next coming years.

Remember that one concern of SEC is that the market is prone to manipulation and up to this day this 'issue' is still here so definitely no approval for us.
legendary
Activity: 1218
Merit: 1007
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
I don't think that there's going to be much coming out of the ETF claims considering how long it's been since they started talking about it. I personally wouldn't be investing in any crypto ETF either, though, since it relies entirely on a very volatile market that would just get worse between futures and current options. Not to mention the fact that there'll be some massive crypto market manipulation once institutional investors get involved. That and I don't think the idea ever got approved for real, which means that it's dead in the water until the FTC or whoever allows it to proliferate. I seriously doubt they're going to whip out an ETF anytime soon.
sr. member
Activity: 798
Merit: 268
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
There are many ETF's approved by some government but the most anticipated one are the SEC approval of US on the ETF proposal. Yes, its been a year since the hype for this kind of development yet there are still no final decision from the SEC of US, it is still pending and there might be another extension forever. US SEC decision will matter in this market, I hope they will approved it as soon as possible because it can make a new peak in the market price.
member
Activity: 266
Merit: 18
ETF helps big investors, companies go into the crypto market. Simply stated, ETF is the attraction of resources for bitcoin from big investors. The bitcoin ETF in particular represents government approval with bitcoin. Then we will have clearer rules for bitcoin. But that is just in theory, whether bitcoin ETF will help the crypto market grow, no one is sure.
legendary
Activity: 3080
Merit: 1353
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
It won't happen, if ever, for a long, long, long time.

Some people think they're being nasty by not approving one. Why would they approve anything with the slightest risk of not being able to do the job they're tasked with? The power they have to create them only exists alongside the ability to police them. If they can't do that, they won't rubber stamp it.

Exchanges in general are getting less cowboyish, but they're in more and more countries.

I expect by the time an ETF ever is approved it will have been long superseded by a bunch of other products that will have routed around the restrictions they throw up.
jr. member
Activity: 83
Merit: 1
Peace and love
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
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