Hopefully, there is now a good basis for SEC to approve the many ETF applications it received. I remember that early this year the news that there would be ETF pushed the Bitcoin higher and when it was learned to be denied the value retraced for a while. This can mean that the market will be reacting wildly in case one application can finally be given the nod from SEC. I actually prefer ETF over that Futures (futures is more of a gambling for me). With the Bitcoin Futures and the ETFs to be operating side-by-side in the market, I think there would be no doubt that the legitimization of Bitcoin has already come. As to what can be long-term effects to Bitcoin with these two big trends, time can only tell. I am just pessimistic that it would be so positive.