Latest news about bitcoin ETF decision

[criptogenious]

According to ICO there is above 90% chance that Bitcoin will have ETF approval.This will surely make more opportunities for investors to invest in Bitcoin, having an official approval from ETF.

[jackky]

Bitcoin is a great thing to boost ETF. Bitcoin will get better if you get the approval. Investors will be more secure than before. They will increase the investment in hopes of more profit.

If the ETF is accepted, Bitcoin will become a global currency. Everyone will trust and invest in Bitcoin. This may increase the price of Bitcoin. But if the ETF is not accepted, many will abandon the investment in Bitcoin

[idontcare]

Recent ETFs are the most concerned of the crypto world. Everyone thinks that ETFs will be accepted and Bitcoin prices are rising. But I think the ETF will be rejected because they still thinks Bitcoin is not safe and easy to manipulate.

[Obiwankenodium]

At least the approval decision will be postponed a couple of times.

[Rhegar011]

third time is the charm. i hope next time there will be more support and enthusiasm towards crypto to get all approvals

[talkbitcoin]

third time is the charm. i hope next time there will be more support and enthusiasm towards crypto to get all approvals

is it really the third time? i thought there has been a lot of these ETFs and each had retries for at least one more time so far. i  know Winklewoss ETF was proposed at least 3 times. so in total i think we are about at 10-12 times

[mohammedmattar]

The decision was to be made on Aug. 10
But was delayed until September
With them until February,
 but I hope  that the decision will be positive before that
The effect of the positive decision will
be fantastic and will raise the BTC and all market very well

[cryptodalton]

Crypto-space is going to see something good, I am feeling after reading this discussion. BTC has already got a good market price this year that indicates it will go high. If after public opinion goes positive in SEC and a good decision comes BTC will outreach its own value this year.

[BestW1shes]

I hope that people accept etf

[vladaziya4]

Yes, I also like it very much, because it is in the middle layers of the currency, it can take the place of the winners from all the middle layers. Thank you.

[CoinMarKetHW]

As far I know the us regulator asked for public opinion about bit coin ETF. The 90 percent result was positive. I think Sec will approved ETF very soon after that it will bring out positive image most importantly price also go up.

[RehitUpon]

From my point of view everything is so positive. The regulator asked for public opinion about bitcoin EFT. Almost 90 percent people are react positively for this issue. So I believe it will approve by SEC.

[cryptohipo]

Such coin will not have any effect on bit coin as bit coin is already established. But according to the news; I can say that this etf will be approved as it has gotten many responses. But we cannot say anything about their impact on this market after the launching.

[Namara]

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses sent to the regulator is 10X the amount that was sent this past April. What do you guys think?

I am putting my trust on that, because we need to develop somehow and continue on going! Probably ETF will be the thing which will improve us on the way we go.

[inesterdd]

According to my assumption, some uncle with a large wallet has bitcoin, thus he will definitely try to wait for the approval of the ETF at any cost to cash out his crypto currency! And for us, it will give a good profit.

[darkangel11]

We will most likely not see a decision this month, but it's going to come. Sec is not there to stop BTC nor it is there to tell people what they can or cannot invest into. They're only trying to make it safer and make sure the people who are launching ETFs know what they're doing.  Winklevoss twins didn't because they wanted to launch ETFs through their own small exchange that could at any moment get hacked and all people's savings would disappear. If you want to do it you have to be bigger than that and CBOE surely is.

[quarzazatete]

A give you a quick deep dive what you need to know about a Bitcoin ETF, the SEC, why we need it and when the first Bitcoin ETF becomes true:

https://medium.com/@flowconomics/1-bitcoin-etf-the-status-quo-5caed3b8fff6

[ambisyon]

I believe that once SEC will approve the ETF that will happen soon in September 21, 2018, this may have a positive impact in the cryptocurrency market. Thus, it may have the chance of pulling the down trend mode back to the usual market it was before like btc @ 7.5K USD and other altcoins to follow bringing back the market back to it's positive condition.

[Teawhalee]

I think the issue I being taking more time than  its suppose to be and it seemed everything depends on it. But this is actually going to take more time than we expected. It might be a  intentional act just to frustrate investors and the community. Whichever way, we are here to stand with Bitcoin, cryptocurrency.

[ralph_0608]

If the ETF would be posponed again which is more likely to happen probably bitcoin price may try to settle down or this should be a short recovery in an uptrend direction as the rejection of etf seems already slowly absurb by the crypto market and investors may try to start accumulsting if this sell down would continue. lets se if on november the bakkt would be come in reality and help boost bitcoin price