if the SEC approves the submission, chances are we will see the bull this year, but if the submission is rejected it will likely be the end of everything. if the submission is rejected, it will slow down the recovery of bitcoin.
SEC Approval is a good thing but we should not count a lot about it. Bitcoin adoption by many new businesses is important also. The next halving will also have an impact. This year is crucial for bitcoin
And I live far away from US, what SEX, I have with SEC, or all the people in my country, surrounding countries? This approval is nothing more than good marketing for crypto from one side, from other side government sector will try to find way to regulate crypto somehow, how else can they charge people taxes and fees without some kind of regulations form their side, like we need it.
My prediction is simple if demand grows, price will grow, and looks like demand will grow, world is getting ready to adopt crypto.