ETF is not the only reason in this regard.Maybe people are willing to wait for the future,see how things go by.Legalization should be the key factor here,people are waiting to see the acceptance of bitcoin.
By all means you can forget about that. Lawyers and Law firms have better things to do than to legalize something that has been called bad for a long period. Though fiat has been used to funding all sorts of criminal activity people will blame crypto to be the source of funding. Thats by nature what no-coiners want to say and thus the general public opinion and why it wont get any legal traction, at least not for now.
ETF will take long effect to market. Its good for market but it will not instantly effecting on the price. With ETF approved by regulator, investor will more confident and it make them make a plan to enter crypto market. I am believe the price will increase in near future
Your point makes no sense. Without ETF was there a market that was not worth investing in? Did the 201 pump happen for nothing? ETF may happen but they are not going to be reason of market rise. Drops in price will happen if they get delayed though.
