Bitcoin Forum

March 11 will be a good or bad day for BTC. Do you guys think BTC should be part of Exchange Traded Funds by Securities and Exchange Commission (SEC)?. I have read some articles saying this will make a boom in the BTC price in case of good news because Big traders might participate and invest high amounts of dollars.

I already made a thread about this subject [1] . The impact will be probably huge If we get this but we never know as the chances of this getting approved are not that high.

[1] https://bitcointalk.org/index.php?topic=1787676.0

It just might not so big to most or not even be noticed by anyone that was not waiting for it to be approved in the first place.

Thank You!

Too risky for something like this to be allowed for people to go ahead and invest in it, don't get me wrong I love the cause of bitcoin and everything it stands for. But the exchange rate is extremely volatile which will cause the ETF to be an extremely volatile one. Probably won't see many investors if the price is too volatile to hit the mainstream investing of retirement funds.


People will notice it, if it's approved it will hit the news very fast and gain tons of early investors who don't really know much but would like to see if they can make a buck.Wish Bitcoin could work out when it comes to it's ETF but I highly doubt it.

lots of etfs are volatile, some are even designed to be volatile. that's not the issue. i think there are too many unknowns for them to say yes, but even if the winklevoss one is a no there are two other ones following quick behind.

it can never be bad for bitcoin, even if it is not approved there may only be some FUD and dump but in the end everything will be fine.
but if it is approved then there will be a big rise, because of the new investors and the new money that will be injected in this market all of a sudden.

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I think an active ETF that trades Bitcoin price would be a good thing.  For the ETF to actually be worth anything, it would have to actually own BTC, no?  Else it is just a paper fraud.

And with a BTC ETF, Bitcoin would gain great visibility as people learn about it, get educated and use it.

It will be good for the Bitcoin adoption by mass. Due to the fact that once it is approved by SEC, it means btc will be accepted by Wall Street traders and have higher chance to be included in their portfolios.

Bitcoin will never be traded on Wall Street because btc price can be easily manipulated by some large players who can invest several billions USD to make a speculation bubble.
Bitcoin becoming ETF is Satoshi`s worst nightmare. ;D  

Having been around bitcoin for awhile now i have seen some trends in the run up to important events.  I think an ETF is good news for bitcoin and initaliy it will boost price if it is accepted.  but i dont think it will bosst price as much as people expect and that is because some of the ETF is already priced in over the last months.  i think in the longer term it will send the bitcoin price over $2000.

my opinion concerning sec approval and disapproval on bitcoin to be trade by security and exchange commission is not a good omen for bitcoin as it will affect it decentralized nature and also it will affect it nature as money. We should see bitcoin and others crypto currencies as money. dollar cannot be trade as assets in stock exchange market the same way bitcoin should not be trade there.

So then you mean to say that Bitcoin should be traded in Forex currency trading platform which will be more benefited as bitcoin is also knows as digital currency. I think this is also a good option of trading in forex exchange.

I think BTC is already traded by forex.

well bitcoin exchanges are like forex market, they just trade bitcoin versus different currencies and not have different currencies against each other.
also i believe there is at least one Forex market that accepts bitcoin too. in any case, anyone who wants to trade bitcoin, can easily do that through these available exchanges and little by little these services grow and add more options also become regulated.

there is obviously a possibility of price hike because in such events people will talk about good  and to take the technology into new level.so tranders and big investors would invest heavy amount these could affect the price structure of bitcoin. so better i had bought 0.3 bitcoin last will and i will chill now.

Yes bitcoin should now be a part of Exchange Traded Funds by Securities and Exchange Commission. If that happens and giant traders will come in the picture bitcoin will surely skyrocket in price again. Another thing being included in the stocks exchange maybe just the key for bitcoin to reach the mainstream which many users of bitcoin are dreaming of.

Forex market is even trying to get into bitcoin's increase of interest by the public by offering their own version of it.
Have you heard of tether?
It is the latest offering to equate bitcoin into the forex market.

It will only be good news if it is approved, and in the unlikely event that it is, it would definitely shake up Bitcoin and there would be a lot of money made pretty quickly, for the most part. I would not be surprised if there was a $100 boost, or something similar, during the first few weeks, and then it would likely taper off from there.

I don't know how successful it can be, but if it is successful enough, you can expect more companies getting in on it too.