Bitcoin Forum

What is the next trend for ETF in the 30th september? Whether the community will receive it or another violent response will occur. market value is declining quite fast, market capitalization is constantly decreasing. What are the factors for the return? What are guys thinking?

I remember after CBOE last year was passed, BTC's price was decreased. This is better than the ETF has not been approved, waiting for the market to stabilize then the new BTC price can rise again.

ETF is not an important factor for the crypto market to grow the price of the coins. In last year all the coins went ATH without any ETF approvals. But one thing should happen. People need to see a clear result either approve or reject without any hesitation or delaying. Then the crypto market will start going up again.

Most of the people are pretty much sure that ETF is not gonna approve as they have discard it few times. Yes its rejection may affect the market a lot. So, we have take a mental preparation for that.

The chances for ETF getting approved looks slim, because even before it was not approved and this year will make no difference. But we need to see that the ETF does not control the market and we should not let its decision put an influence in the market either

I really do not see much chances with the ETF approvals. The core of the SEC's rejection of previous applications is still prevalent, chief of them market manipulation.

It will be better for the market and for the people if we do not put so much importance on the ETF's news of being approved or not. If it doesn't make it, then another coin will come and we will move on. The market was running smoothly without it, and it will continue to run its course even if it doesn't get approved.

I think all of the crypto investors are well aware of the fact that SEC is not going to accept CBOE's ETF proposal. SEC has already mentioned that as long as there's manipulation in the market they are not letting any ETF proposal to pass through their system. But, the speculation in the market has taken such a severe form that it also caused Bitcoin's price to drop 1000$ based on a rumor. So, I am hoping that CBOE's ETF rejection will also have a blow on the market due to speculation.

To grow the price of coins in the crypto market ETF is not considered as an important factor. When the crypto market will start to go up again everyone should see a clear result of getting approved or rejected of the coin.

In my opinion, ETF application by Van Eck & SolidX will not be approved by SEC. However, the rejection will not affect current price as the markets are already expecting this.

it is possible to see a short term bitcoin price rise because of the ETF speculation and if some sort of hype starts building up. in which case if the rise were fast you can expect more altcoin dumps as traders sell their altcoins to buy bitcoin.
then after the ETF decision is made we may see a correction and possibly a drop down to $6k range in which case you can again expect another big altcoin dump guaranteed.

i think that ETF doesn't already matter. There is a lot of other positive news in crypto area except ETF but unfortunately the doesn't work now and i don't really know what grows trigger will be the best and will start up-trend.

I don't think the SEC will be approving any ETF's in the near future. I think you are going to have to wait for a change in administration and a new head of SEC before a BTC ETF will get approved. It is rather sad that the future of Bitcoin, the first decentralised cryptocurrency, is dependant on getting approved as a centralised fund. Should it not be the other way around? Centralised assets being tokenised so they can be traded as decentralised tokens. Satoshi Nakamoto would not approve.

I agree though ETF is not needed. People will still need to see lawmakers approving bitcoin. This way they will feel much safer and might have more adoption for bitcoin.

but on the contrary it seems to me that it influences the trend of the market, because the market reacted strongly when the solution was transferred.

i think ETF is not a major factor for the crypto market. people are want to know clear result then crypto market will grow up. if ETF are approve then it will affect positive impact in crypto market.

I think the factor that will be very decisive from the return of cryptocurrency popularity for now is a sense of trust.
Because in my opinion what happened at this time was the loss of investor confidence in cryptocurrency which resulted from the many scam projects.

ETF is an one of the essential factor for the crypto market to develop the cost of the coins. In a year ago every one of the coins went ATH with no ETF endorsements. Be that as it may one thing ought to happen. Individuals need to see a reasonable outcome either support or reject with no dithering or postponing. At that point the crypto market will begin going up once more

I do not  think that disapproval of Bitcoin ETF will have too big negative impact on the coins as the market is low
and it is already calculated in. Contrary if it will be approved it can have a  significant positive effect.

The factors of return is not solely dependent on ETF approval come september 30th, there has to be a ready market for mass adoption. Demand will soar high for there to be a return,

The ETF is a necessary distraction. It is not the kind of breakthrough I think most people in the crypto space are looking out for, but it is a way of adding more people ordinarily it will take a while for them to join crypto.

ETFs are just an excuse for whales to manipulate the market, i bet they are filling their bags now ready to dump at the ETF decision whether it's positive or negative. In the long term, it will help to pump the market so lets hope that at least one application will say yes

For every action there's a response from the community and I think there will be a positive response on this one.

Majority of the people are looking for the approval of it because it can lift up the price though I'm not really hopeful that this can do something like that. The people who wants to invest wants to have an assurance that it was backed up but if we're talking of decentralization, bitcoin is going out of that. Bitcoin can be stand alone if it has to return and declines are normal but there's a season for its increase.

I think that once big money speculators buy up the right amount of coins and tokens, they will send the price up.

Well, let's wait and see, one thing I know is just that the ETF speculation do not really give exact result

i think ETF is not major factor to increase price of crypto coin. it is one of them but i believe that major factor is market demand. people want to know clear thing. if ETF approve then it will affect positive impact.

I think if ETF is approved, it will produce high demand. This makes crypto look for the latest price. I hope there will be other good news.

ETF are not main factor for the return. if ETF do not approve then it will not affect but if it approve then it will affect positive impact. but majo factor are people demand.

heard that the bottom of the market has groped and in October will begin to grow, we can only wait

I'm also waiting for this event all captainvalor but I do not think that only it can affect the state of the market. In order to be able to earn and exaggerate their capital should happen a lot of good events in a row. So I believe that the next major growth we will see only in winter

Yes, many expect that when will be held on September 30, the cryptocurrency will go to the moon. It seems to me that makes no sense to even expect. Everything will be absolutely unexpected and we will not be able to predict the next major growth of cryptocurrencies

I hope you can be a role model for all of us here, because for some CBOE nobody knows.
And I'm sure you have a lot of experience about cryptocurrency.

The etf is not going to factor in into the coins going back up and if it does end up being a factor then it is only going to play a small roles. So far the coins have being holding at a steady pace for a good stretch of time and even after the etf was rejected there was nothing affecting the price of the coins and the coins are still good.The coins will recover with more demand

If we are talking about what may affect the market reversal, then something very positive must happen, because the down trend is indeed very long and most likely will resist the reversal very much.