Will the ETF be approved?

[Janadara123]

I believe t is 50:50 this time. There are so many positive news about ETF this time. It is surely going to be the digital gold if the ETF approval becomes a reality. Let us wait till 16th of next month.

[renes]

I think it is going to be approved but I am not completely sure about it, I am definetely sure about the future of bitcoin regardless of etf or such things but that may lead to crash in the market.

[muncuss]

I don't know but it has little chance etf will be approved by sec, but this rally not only caused by etf rumor. you can find many good news like some institutional finally jump into crypto and coinbase seek regulation
So if we not approved that's not big problem

[Q2kc]

We have our different Opinion regarding this Bitcoin ETF Approval, For me, there is a 90% chance that Bitcoin ETF will be approved this time because the one who is filing now is the CBOE and we all know that CBOE is well known, and also Government will also make money from Crypto, just like how Government make money from war and this is not a different thing to them.

[Hello4x]

It will get approved just not next month.  Maybe by the EOY.

[TraiKH]

I think the bitcoin price is going up in part because of positive news from SEC and ETFs. I was anxiously waiting for them to say Yes with bitcoin, ETH and some other crypto. if they announce on August 10. bitcoin will make a rocket

[alex-nn]

ETF on Bitcoin will be approved because institutional investors want to invest in bitcoin safely but not in this August, later. Because too many people are awaiting for it in August so BTC price will find new dip and will moon after new bottom.

[commander11]

I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!

Last 2015 ETH rejection was caused by lacked of security/insurance provided by the applicant. They did not specify how they are going to cater the security of every individual investor who will add bitcoin to their assets. Recently, CBOE, one of the most trusted organizational financial firm in the world provides a better way to handle that problem. There's a higher chance of getting approve right now. SEC just want a better solution on how to protect investors.

[muid03]

i think Will be approved...btc cannot be stopped...Will be moon soon

[M0N3YMAGNET]

Look, the more they attack it, the stronger it gets. So they can shoot down the ETF and it will still continue moving forward and people will continue to hold it for the long term.

[Bharathi13]

There is the huge chances that this time B8tcoin ETF will be approved as compared to their failed application earlier. A lot of big exchanges and big names from the cryptoverse is supporting this application. This bitcoin ETF have created the buzz and a lot of people's are now buying bitcoin. If this bitcoin ETF will get approved imagine the price of bitcoin will go to the 10x and all crypto market will see the rally with BTC. If this ETF will not get approved than we will have to see the longest bearish trends.

[EastSound]

There is the huge chances that this time B8tcoin ETF will be approved as compared to their failed application earlier. A lot of big exchanges and big names from the cryptoverse is supporting this application. This bitcoin ETF have created the buzz and a lot of people's are now buying bitcoin. If this bitcoin ETF will get approved imagine the price of bitcoin will go to the 10x and all crypto market will see the rally with BTC. If this ETF will not get approved than we will have to see the longest bearish trends.

They probably keep on delaying it we can see that some of those politicians are really against bitcoin. They will do everything they can to reject/delay decisions on this matter.

[Psynthax]

I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!

Last 2015 ETH rejection was caused by lacked of security/insurance provided by the applicant. They did not specify how they are going to cater the security of every individual investor who will add bitcoin to their assets. Recently, CBOE, one of the most trusted organizational financial firm in the world provides a better way to handle that problem. There's a higher chance of getting approve right now. SEC just want a better solution on how to protect investors.

Did you mean last year https://www.nytimes.com/2017/03/10/business/dealbook/winkelvoss-brothers-bid-to-create-a-bitcoin-etf-is-rejected.html?
But with the activity of the bitcoin futures contract and blackrock eyes the bitcoin ETF and it can give the more possibility to be approved by SEC. SEC is a very big gateway to the trillion dollars.

[kindbtc]

My vote is for approval but obviously we will have to wait and see as there are many factors and issues involved, i believe even if etf gets rejected still we will see bitcoin growing nicely as i see bull trend started for btc and it will continue its momentum.

[Idrisu]

ETF approval is a significant point of cryptocurrencies adoptions.  We should really support the approval of ETF as this will provide us with the opportunity to get bitcoin to be adopt by the governments and financial institutions.  I also believe that the price is going to pump and if you agree with me now should be the best time to buy bitcoin.

[atomicgroup]

Not really sure of it will be accepted or not because some very strong business men believe it will affect their market but I wish it can be accepted because this development will really help the price of bitcoin and altcoin to rise.

[CST123]

Our most optimistic source, coming from the CFTC, said the following:

“I would call it 90% at this point. The crypto markets have moderated and regulators have watched the lack of drama surrounding Bitcoin futures across several global exchanges. The price moderation and adoption of a ‘peer product’ is what the conversations have centered around. In January we were justifiably concerned about a bubble and the harm a quickly approved product could attract speculators and create losses that led to significant lawsuits. Now, those factors seem to be mitigated significantly.”

The second source, a former SEC employee who left the regulator two weeks ago, had this to say:

“I would expect a positive outcome in September – or if it gets strung out a little further it is simply a few ‘dotted i’s and crossed t’s’ are being finalized on larger regulatory language in the crypto space. To be clear, most of the regulation will be first focused on ICO’s and the issues those pose for retail investors at the moment. US residents are sending money to all sorts of exotic locations to invest in unregulated instruments with absolutely zero recourse for losing every cent they’ve put at risk. ICO regulation will begin to solve those issues and keep client assets ‘onshore’.

[jossiel]

I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!

So what if US government want to become digital gold? just wait for the result though it's okay to speculate with the result but let's all think positively.

They declared that bitcoin isn't a currency but more of a commodity so they can tax it.

Opinion only: I hope they approve it but I have my reservations!

Like what you say, don't expect too much.

[Leenwar]

If ETF get approved , bitcoin can reach its All Time High like 30000$/50000$ ..
There is no doubt..
Let's see the decision on 10th August... You should prepare now for the next bull run!

[ROB18]

I have a feeling that ETF will be approved but there will be some sort of guidelines that the SEC will impose on its approval. We don't know exactly what it is but it's a way for them to control things. Once this thing is approved by SEC it will be a huge impact on the whole crypto market. Good luck BTC and Alts, it's another period to shine.