Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.