What if the ETF is or not aproved

[donbu7]

If the EFT will not be aprobed will it droped the price of the BTC?

Is the price of the BTC relaying on the aprobed of the EFT?

Or on the other hand it wont affect at all the price?

What do you think?

[davis196]

If the EFT will not be aprobed will it droped the price of the BTC?

Is the price of the BTC relaying on the aprobed of the EFT?

Or on the other hand it wont affect at all the price?

What do you think?

There are 25 people asking the same question here on this forum.Just read the other threads about this topic.
No,the price of btc is not "relaying" on the ETF approval.
The approval might have positive impact over the price,but it`s very unlikely to happen.

[Amph]

it's already affecting the price, the current up trend might be because of that, i would not worry about a drop at this point, bitcoin dropped two times under 1000, a third one is unlikely

on the other hand if they approve ETF, the value might skyrocket to $2k without problem

[Pettuh4]

I think it will shoot the prices of Bitcoin upward should the ETF be approved and not the other way around; the prices however may remain stagnant  if it isn't approved at all. I guess a lot of people will hold on to their bitcoins after approval and that can also increase the demand and a possible further prices increment.

[Hydrogen]

If the ETF is not approved by the SEC (Securities Exchange Commission) in the united states.

It is possible another countries stock market regulatory body would approve it.

If it doesn't happen in the united states, it may happen in another country.

[topesis]

No,the price of btc is not "relaying" on the ETF approval.
The approval might have positive impact over the price,but it`s very unlikely to happen.

I think there are some people who are valuing the ETF approval into the price of Bitcoin that is why the price is rallying recently, though I agree that the probability of getting ETF approval is low but never say never. Remember Brexit and Trump victory

[Xester]

If the EFT will not be aprobed will it droped the price of the BTC?

Is the price of the BTC relaying on the aprobed of the EFT?

Or on the other hand it wont affect at all the price?

What do you think?

ETF will no longer affect the price of bitcoin. If there are temporary effects but it will not take that long to recover. Bitcoin is much stronger now so even with or without ETF approval bitcoin will still be increasing in value and theres no stopping it. Let us not waste our time checking on the updates of ETF since it will have no significant or drastic effect on bitcoins price any more.

[X-ray]

If the EFT will not be aprobed will it droped the price of the BTC?

Is the price of the BTC relaying on the aprobed of the EFT?

Or on the other hand it wont affect at all the price?

What do you think?

Yeah it is, make the pump hype for the price of bitcoin will have gone.

Nope, but the Approval rumour just give the hype for bitcoin and especially on the bitcoin price and it is impacting the bitcoin a lot. A lot of the similar thread like this one.