Bitcoin Forum

What is Exchange Traded Fund:
Exchange Traded Fund most like stock exchange. Those fund use to be traded on stock exchange that's called EFT. From ETF you can track all tradable assets and you can trade from there. That means you can track price buy and sale to other investor through stock exchange.
ETF become most popular  due their low cost facility. There is many broker for buy sale assets. I just share my basic idea about ETF. If you want to know more details please visit Wikipedia (https://en.m.wikipedia.org/wiki/Exchange-traded_fund).

How will be benefited crypto or Bitcoin holder's from ETF:
If U.S. Securities and  Exchange Commission (SEC) approve EFT application than many big investor will start invest on Bitcoin/crypto-currency. Because Bitcoin or other crypto-currency will consider like an asset. So crypto currency will be open diverse set of investors. There will be no restrictions for crypto currency. For that reason crypto currency price will increase rapidly. Those will buy Bitcoin or other crypto-currency they can track real time price from ETF and can sale to other investors.

However, what I understand that if SEC approve EFT than crypto revolutions will be unbelievable.  Most of crypto currency will be up trend. We can see currently just discussing about EFT on SEC board & price of Bitcoin on bulls run. We expect SEC will consider EFT application on middle of August.

It'll be interesting to see what kind of security measures these custodian services put into place. After all, they are likely to have a large target on their backs for threats.

Positive news. The cryptocurrency market needs new investments now. Do you think there are any negative sides in this process?

Just saw an article stating that the final hearing for ETF is postponed till Sept. 20, I guess. But just in case SEC approve ETF, it will be a huge news for crypto for it's like giving the investors indirect signals to join the bandwagon.

Only that they won't be trading actual Bitcoins, so it doesn't really affect Bitcoin adoption directly. Still, it's good for publicity and it's likely really good for prices.

Oh, there's also the possibility that Bitcoin's reputation as an investment would further eclipse its utility, but its utility isn't ready for the mainstream yet anyway, so meh.

There will be good effect such the flow of money from many investors but more importantly for me such things will make bitcoin more reliable and a asset like others, good for people of the old school.

Any Exchange Traded Fund requires the fund operator to maintain creation units. When customers buy say 20 shares of ETF, he/she gets 20 shares in the basket of underlying assets. A lot of these customers are institutional. So, ETF attracts a lot of fund companies, insurance companies etc. Naturally, this helps Bitcoin immensely.