Bitcoin Forum

that's because, so far, the applicants haven't fit the financial archetype that the U.S. Securities and Exchange Commission (SEC) is looking for.
anyone how can us to improve to get ETF? or crypto valueble is the technology not the coin are giving out..

Getting bitcoin to have an ETF is definitely probably going to be difficult, but it's definitely also not impossible.

If you're really interested on how close or how far bitcoin is to have an ETF, I suggest following Gabor Gurbacs[1] on Twitter. He's the sort of strategist in VanEck(an investment management firm).

Also, if you want to dig deeper, here's an interview with Gabor months ago: https://www.youtube.com/watch?v=LQNRt3WUN-A

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[1] https://twitter.com/gaborgurbacs

 Maybe we can just leave on how Bitcoin be accepted by SEC, ETF and other regulatory commission by its government. These people are really trying to either solved and accept the crypto digital transaction into a main stream market or continue to Hold them? The global news about Crypto had an impact on the global market. everyone is adopting it yet the government want to control it. let wait further how this agency handle the public clamor about crypto.

majority of bitcoin users don't care about ETF anymore so if by "hope" you mean people waiting for an ETF to be approved then no, i don't think that many are waiting for such silliness anymore.
but if you are only talking about whether SEC would some day approve of bitcoin ETF then yes, it will eventually happen. it may take a couple of years for them to give in and accept it but it will happen nonetheless. i read somewhere that in some other country that i have forgotten now bitcoin ETFs were taking place already! so it is just US that has fallen behind.

I'm sure a lot of them are still eagerly waiting, as the consensus seems to be that ETFs will drive prices way up. This is probably especially applicable now considering Bitcoin's massive drop; it needs a bull run catalyst, and that may turn out to be a Bitcoin ETF approval.

I'm not sure they care about the actual ETF though lol. I certainly don't.

Bitcoin ETF to me doesn't really hold so much for the bitcoin,and I do not see any reason why anyone should be enthusiastic about it, If it does come, then fine, if it doesn't,then fine as well
Most people made predictions about the ETF being a sort of catalyst for the bill run,i will advice you not to take that predictions seriously if that's the reason why you're enthusiastic about it

Without the crash it would have been possible to get that elusive etf. There was a prolonged period of stability at around $6500 so it was within reach. But then it lost half its value in one week..

People should not pin their hopes on a Bitcoin ETF being approved by the SEC. The SEC is just a puppet that are being controlled by the wealthy elite and the wealthy elite have a vested interest on not allowing uneducated masses of people, reaching their status.

When you are rich, you control people and your living environment. The wealthy elite use their wealth to bribe government employees and politicians <decision makers> to play by their rules. The Bitcoin ETF, if approved will boost the wealth of the millions of people who are invested in Bitcoin now and the wealthy elite hates that.  :P

I read somewhere that Brkkt  ETF will come on stream by the first quarter of 2019. SEC has agreed to accept Bkkt ETF because they have almost complied with SEC standards to be accepted and more also they are USA based company.2019 will be great for the cryptocurrency market as more ETFs are springing up in other countries.

I am very happy to see that people’s enthusiasm for the Bitcoin ETF is now fading. This is a good thing. If we always pin our bull market hopes on any regulation of Bitcoin, then I think this road will only go to the end. Because the value of Bitcoin itself does not require any agency to recognize it.

Cryptocurrency fans and investors believe in bitcoin to the extend that they do not care what U.S. Securities and Exchange Commission (SEC) say about bitcoin. No body cares about their approval of ETF.

why waiting for btc.


adk is already listed on etf

that's first in Cryptocurrency world

Here official news


 https://businesstoday.co.ke/worlds-first-crypto-based-fund-listed-nse/

why not? the market is in a dip, for sure, but Bitcoin always surprises the people every now and then, and a lot of people are eying on ETF, no doubt.

I think I would do the same if I was in their shoes. Bitcoin has one more card to play; things will change when the Governments finally agrees to approve ETFs.

ETF drama will never end, although few country are wondering to add bitcoin on stock exchange means their own ETF. But ETF approval from SEC is not going to happen easily whatever we think. I am suspecting SEC is making drama about ETF approval. They are just changing the date during long time. Another reason BTC price start shaking when start ETF discussion. How will SEC approve if Bitcoin price play like that? Bitcoin not staying any zone lately. Last expectation BKKT, if its approve on January then we can hope SEC will think deeply about it. However BTC look like uptrend from last day, lets see whats going to happen on next year.   

ETF application will never ends until approved!
Why is that? The regulatory board or SEC never said that ETF will never have a chance to be approve.
They always says that improvement and development is needed, regulation is a must.

then for now and in the future any information about ETFs and regulations is forgotten except for one news about the approval of the ETF application, if besides that then surely what happens is the continuous decline in bitcoin prices. It would be sad if this continued

I don't understand why people hoping for crypto ETF?? What's the utility of it?? Do you all think that ETF will infuse more liquidity into the market and shoot the price higher?? Re think after knowing the facts. Lets look at the facts,

1. Total 9 ETFs were proposed.
2. Only 1 ETF (winklevoss) is physical.
3. Rest 8 ETFs are synthetic

Synthetic ETFs are not going to buy physical bitcoins from the market. They are mainly based on CME group's future contracts. Only 1 ETF proposed by Winklevoss, is physical ETF where physical assets will be purchased and taken out of circulation.

Looking at these facts, do you think the market will sustain such hype in long run? ETF should be considered as an optional addition to cryptospace, not an integral one!

Bitcoin is too volatile for ETF. I don't think we'll get listed there soon enough though because of all the dramas and the performance that had Bitcoin get into. Maybe when Bitcoin is in its peak, we might have a chance to get listed there.

I am believe SEC will give approval to bitcoin ETF trading. Big Financial Institution must be already see this and i am believe when they start making investment in bitcoin, they believe SEC will approve ETF and seeing big potential in bitcoin

Well to be fair, the market has been running on hype for the longest time now. People are stocking up because they know it's going to be very valuable in the future. An ETF could add to short-term hype, which may also jump start speculators again. I'm not saying it's good for the ecosystem or anything, but it may just be enough to get the market out of its funk.

You're absolutely correct about it not being necessary though. We may even be better off without them in the long run.

Volatility is not the direct reason. Of course it is volatile but only across times when there are big pumps and dumps. Beyond that there is stability. Unregulated use is what makes the SEC deny in a professional manner any upcoming ETF for bitcoin. Again the fact that is unregulated is also the reason for the volatility. So volatility can be cited as a indirect reason when there are nothing else to talk about.

Its best if people forget about ETF for now. If they happen it will good for the market but even if they dont happen its not that bitcoin is going to be destroyed or something. ;D

I only hope bitcoin price can rise again and I don't have much hope for the ETF ;D I don't expect and think too much about the ETF, and I guess I don't have much info about that. All I care is when the bitcoin price can grow higher so I can sell and make a lot of profit like before ;D It is better to wait for the bitcoin to increase like today than wait for the ETF approval  ;D

I put myself in the position of states and why should not they create the crypto money that is more suitable for themselves? Because the acceptance of Bitcoin will create big problems for them.
''Volatility'' is useful thing as a reason. In my opinion there are reasons that cannot be solved more than volatility.

It is really smart point of view. I guess everybody wants hype and try to find signs of it in nonsense facts.

Yes, ETF approval has not been approved by the SEC so prices still haven't increased at this time, if only the ETF was approved by the SEC I think that would be good news for Bitcoin, so there would be many investors to buy BItcoin, because BItcoin has been officially approved.

I think there is still chance for applying ETF, but it still need time for SEC to decide it.
If cryptocurrency world keep developing, approval of ETF by SEC is not impossible to happening in the future.
Crypto is still in early age, need time to improving.

When will the SEC end this persecution of us? This ETF thing is getting pretty good. They don't approve the ETF. We must not expect such things.

I follow very good lawyer on Twitter
Chances that ETF will be approved are very little
The reason of rejection will always the same
Bitcoin trading is to much manipulated on unlicensed exchanges
ETF will be approved one day but it looks like not that time

You guys need to understand that just an ETF being declared would not mean immediately a river of fiat money is going into flood into bitcoin. Thats not how things work in this world. There will be continuous speculation regarding whether to invest or not and then after probably a year or so investors would start putting in money even then with small amounts.

The good thing is that the growth with the ETF would be pretty much sustained and organic not manipulated like the Tether pump last year.

Hope is still exist, SEC doesn't prohibit bitcoin projects to applying ETF. But the problem is, the approval gonna take long time.
Just like now, SEC has postponed the approval of bitcoin ETF several times. Honestly i don't know it they gonna approve or not.

i think it is possible to do that but it will not going right now, it need some time to make it happen, and i think we should wait, wait and wait for this action happen in the future

about this it is indeed difficult how to get it. what else I have not fully understood about etf ,.

Whether the SEC accepts the ETF for Bitcoin, knows no one, only the SEC. Although sometimes I have the impression that even they don't know what's going on. And if you do not know what's going on, it's definitely about the money.
In my opinion it's the US government's game, to earn more time to regulate their law before Bitcoin fever will hit the Wall Street.

ETF approval is a long term target for bitcoin. It will not have an effect on bitcoin price soon. I understand that people are trying to find something that may have a good effect on bitcoin price. But speculation or manipulation is not a good thing for having a healltier and more trustable crytocurrency market.

Rather than waiting for the ETF to pump up the price so you can dump, why not read over the bitcoin whitepaper and look into how far we have come into the crypto space as a retrospection? Fundamentals are often weak in majority of the newbies entering here and I have seen people make idiotic comments on how prices move. Better not wait for an ETF because when it gets rejected again there will be another huge dump and all newbies will go out crying "rekt" and selling at loss.

Go read about what is an ETF and how the gold ETF affected the gold market. You should get an idea. ;)

With out ETF bitcoin will survive and work out slowly ,years longer than expected but with ETF approval things might just speed up in process ,regulations will take place and more millions of new investors will rush in ,let's wait and see I'm sure ETF won't escape this time

Not until February ending before I start to doubt if we will ever see ETF getting approval but for now its still early ,January is looking good with a good start ,I'm sure 2019 will be different

We almost had it, the longest period of stability ever where the price sat at 6500 dollars for many moons. However, this hope was destroyed by greedy BCH creators, thanks Craig Wright and bitmain for ruining everything

Until now, the problem you mentioned seems to have not been resolved, so I think that the bitcoin ETF in January will not pass a large probability, which may be disappointing. But please don't worry, the Bitcoin ETF application is not limited. As long as someone continues to make such an application, it will one day pass, it is only a matter of time.

Hey it's true that Bch civil war cost bitcoins, and other coins due to their greediness but now markets are slowly and steadily rebounding. I believe there's a good chance Bitcoins Etf will be cleared as three out of five members are bitcoins propents, and most notably their chairman had indicated it may be approved. It's pertinent to note that the hearing has been scheduled for 27th February 2019, and we may see it finally approved.

The best way to overcome this situation is to not get involved with the trolls on social media and BCH shills. In time when prices fall buy more bitcoin that will support the levels of price and you will be able to stash up more for the bull runs in future. Thats how most traders take advantage of the FUD and do good to their stacks of coins.

I dont think anything is happening till spring or summer this year. Still there was a bit of green movement yesterday followed by a dump. There bears are looking good at this time even if the bulls are trying to move up.

I hope so very much because we could get a new influx of investors and thus the prices for cryptocurrency would rise very much

i think all coin still need to base on and hope in BTC