Spot Ether ETF Applications Decisions Delayed by SEC

[rodskee]

Even is getting approved, did you still believe and using (SEC) news.

We already got multiple news about (SEC) and other things on Crypto-Space. Banned, rejected and other same things like news (CHINA-BAN-CRYPTO). To be honest, people don't relly care at all with these one especially from (SEC)

Remember, last time they got hacked and make people losing. The credibility is lose, no one care at all.

The reality says other wise, look at the BTC price, it surged from 33K to over 44K just because the spot BTC ETF is going to be approved this time so people really use this trend to move the market but after etf accepted the big players dumped their BTC stake which is different but the speculation of ETF approval still has weight in the market trend for cryptos.

well if that's the case so now we are in waiting time about if ETH will have same faith to what
Bitcoin ETF brings to the market.

If it is delayed by May then its more good news for the ETH holders because the halving event and this news can act as the perfect catalyst for ETH price to surge more than ever but the price has been stagnant for years hopefully this time the holders of Ethereum can make some money and cashout their profits to invest on Bitcoin or any other decentralized cryptocurrency.

Then that might be the best thing for them because of the opportunity of accumulate more and to have them in their wallets.
good option there but do the investors will really act like that? selling their precious coin to buy Bitcoin but i don't think they will do that.

[el kaka22]

I didn't know there was even one that was being discussed to be fair. So it shouldn't really play into the market, when you consider that people like me who are super into crypto and talk about it every single day, didn't even know about it. To be perfectly fair, only bitcoin one matters right now. If Blackrock ETF gets approved then we are going to see the price go up.

People keep talking about like we do have ETF, but the reality is that we never had one, we had companies for sure, but we never had ETF, so it is going to be super exciting to see what that will bring to the table. If it does very well and gets tens of thousands of bitcoin, then it will definitely drive the price forward, it will be amazing, but if it disappoints then it might be an issue.