Will ETFs help to contain Bitcoin price rises?

[sunanbonang]

if ETFs can make the price of bitcoin go down, of course ETF can make bitcoin prices rise, this has become a habit and makes investors afraid to hold the long-term.

[Sony.UK]

ETF's is help to increase the Bitcoin price because of improve the reliability. I think already 19 times failed in the conference so we don't expect it will success. Many adoption is need for Bitcoin then only it will back to form. This is the perfect way to improve the marketcap and investors.

[tosmartak]

if ETFs can make the price of bitcoin go down, of course ETF can make bitcoin prices rise, this has become a habit and makes investors afraid to hold the long-term.

So, what proof do you have that ETF has ever been the cause of the market going down in the first place apart from general speculations and market manipulations just to send wrong market signals? Even though we might see new money kicking in, I still feel we place so much importance on ETF approval like the market totally is dependent on it. The same way a lot of people were so optimistic about Bitcoin futures and then calling moon as a result of that, only to see the market calling the bears into action.
Nothing is guaranteed and for sure speculation is the norm of the day in this market presently but I feel the market will behave in a way it wants to behave with or without ETF sentiments.

[sakrosak]

in my opinion ETFs can make bitcoin prices more stable than they are now, but do not rule out the possibility that ETFs will increase bitcoin prices. this depends on how investors see it.