What does ETF Mean for Bitcoins

[lulu28]

There have been a lot of rumors around ETF and how it will determine the fate of cryptocurrency. As a matter of fact, 23rd of August, 2018 is a date many people are looking up to where major news regarding cryptocurrency will be released. First, what is ETF and how do you think it will affect Bitcoin and altcoins? What is your advice to people regarding the outcome of the news?

[BilboBaggins2018]

Firstly, i am not too sure what an ETF actually is so excuse my noob response. Secondly from what i have heard in the space, there are multiple ETFs being decided on, not just one, and I think the largest of these is a COBE one or something which is not until the end of September, i also think most of them will be declined based on what iv be lead to believe.

[batang_bitcoin]

What is a Bitcoin ETF?

We've got bad news for today.
SEC Rejects 9 Bitcoin ETF Applications from ProShares, Direxion and GraniteShares.