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Author Topic: BTC ETF creating a hype?but,what really is BTC ETF means?  (Read 181 times)
Gwapoman
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July 24, 2018, 12:42:13 PM
 #1

SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision.

Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.

but what is ETF and BTC ETF?

pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/

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Xester
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July 24, 2018, 12:55:53 PM
 #2

SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision.

Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.

but what is ETF and BTC ETF?

pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/

ETF means Exchange-Traded-Funds and being applied to bitcoin, bitcoin etf could be one of the coolest thing to occur to bitcoin if approved. ETF is like a common stock on the exchanges such as NASDAQ. ETF is different to mutual funds because ETF is traded throughout the day while the mutual fund is traded at the end of the day.

With bitcoin ETF there will be more security in buying bitcoin and we no longer worry about  buying bitcoins as well as storing it. With bitcoin ETF we will expect a tremendous increase of the buying public to be active on the bitcoin market.

blackwell77
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July 27, 2018, 11:03:57 PM
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Yeah i am also agree with that. BTC ETF is really creating a good hype which is clearly visible in the growth of bitcoin in last few days.
coinages
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July 27, 2018, 11:29:32 PM
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ETF means exchange traded fund. BTC ETF is a kind of ETF where you don't have to bear the struggle of buying and storing bitcoin. It will reduce the complexity.
Al-e_x
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July 27, 2018, 11:32:53 PM
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SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision.

Bitcoin made over a $1,000 price increase in the past 3 days,one of the main reason for this hike is the upcoming BTC ETF assumed to be this coming August.

but what is ETF and BTC ETF?

pls.check link for brief explanation about ETF
https://cryptoren.com/wiki/exchange-traded-fund-etf-meaning/

ETF means Exchange-Traded-Funds and being applied to bitcoin, bitcoin etf could be one of the coolest thing to occur to bitcoin if approved. ETF is like a common stock on the exchanges such as NASDAQ. ETF is different to mutual funds because ETF is traded throughout the day while the mutual fund is traded at the end of the day.

With bitcoin ETF there will be more security in buying bitcoin and we no longer worry about  buying bitcoins as well as storing it. With bitcoin ETF we will expect a tremendous increase of the buying public to be active on the bitcoin market.
nice explanation, so, I conclude from your comment that bitcoin ETF is a feature that has the potential to improve the bitcoin system for the better.

so we are not worried about fee, security, and transaction time, because everything will make bitcoin become more excellent.

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BraveHeadlight
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July 28, 2018, 12:19:58 PM
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ETF stands for Exchange Traded Funds. When it is applied to bitcoin, the BTC ETF becomes the greatest things. ETF is a common stock and with BTC ETF it will be more secured to buy and store bitcoin.
sunlitit654
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July 29, 2018, 01:24:32 PM
 #7

ETF is short form of exchange-traded fund. And bitcoin etf ensure security when anyone buy bitcoins and also used to manage mutual fund.
TonyRodriguez
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July 30, 2018, 04:29:24 AM
 #8

ETF is an exchange which is connected with bitcoin. If ETF will be acceptable then it will be beneficial for bitcoin. ETFs characteristic has some similarity with NASDAQ.
cryptohobbs7
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July 30, 2018, 05:33:44 AM
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BTC ETF you can consider as a security system. The investors are become more secure after bitcoin applied ETF on their system.
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July 30, 2018, 05:39:36 AM
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A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market. You will find that the institutional investors will manipulate these Bitcoin ETFs with large capital reserves and you will get massive spikes and huge dumps, which will destroy the use case for Bitcoin to be used as a currency.

Some people rejoice about the SEC's decision to deny the Winklevoss's ETF, because they know it will destroy Bitcoin as a viable payment option.  Angry

Akmaral ( Akee)
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July 30, 2018, 06:44:20 AM
 #11

The actual means of ETF is Exchange Traded Funds. It is traded at the end of day. The BTC ETF decision is the best decision for BTC i think. The investors are become happy after applying it on BTC. The growth of btc create a create hype on crypto market. People are being more interested to invest on BTC.
promyx
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July 30, 2018, 08:46:06 AM
 #12

Exchange Traded Fund (ETF) which is being applied to Bitcoin. ETFs are like a common stock such as the NASDAQ exchange. For mutual fund ETF is different. ETF will trade throughout the day with mutual funds by the end of the day.
Eto_mete
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July 30, 2018, 09:01:28 AM
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Bitcoin ETF is creating hype actually. ETF just vibes everyone related to Crypto-space. ETF will make BTC trade more faster and widespread as it will hold transactions as NASDAQ does. ETF or Exchange Traded Fund for BTC will make investors and the market more positive towards BTC tradev as US SEC will give that permission, if they do.
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July 30, 2018, 09:11:51 AM
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In a recent appearance on CNBC, Arthur Hayes, CEO, and co-founder of BitDefire said bitcoin (BTC-USD) could rise to $ 50,000 by the end of 2018.
BitcoinGuruOne
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July 30, 2018, 09:58:57 AM
 #15

ETF should bring crypto traiding to masses but in reality the most likely scenarrio is that the fisr approved ETF will be a very large one ( contract wise) thus only for big players.

Regarding your price speculation it seems that the market rebounded nicely and did not overreact on the etf rejection news.

JasonRosado
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July 30, 2018, 10:44:09 PM
 #16

Bitcoin ETF is more like a mutual fund ,but has many differences from it. It is a passive investing instrument that is a mixture of diversified holdings with low cost and tradability. It aims to track the underlying benchmark indexes, commodities or portfolios of assets and copy their performance.
GilbertQuintanilla
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July 31, 2018, 03:32:50 AM
 #17

BTC stands for Bitcoins and ETF stands for Exchange Trade Funds. If this do get approved, then it will be a blessing for us all. Because ETF acts more like a stock on exchange. And this can done at any time of the day.
TonyCallahan
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July 31, 2018, 07:29:21 AM
 #18

Exchange for Traded Funds is short for ETF. This will be a huge thing if gets gets the approval because it makes the exchanges possible at any time of the day.
thuiuqioui98382
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July 31, 2018, 08:19:10 AM
 #19

Electronic money investors around the world are optimistic about the pending decision from the Securities and Exchange Commission (SEC) to accept ETFs from filings made through the Chicago Stock Exchange. (CBOE) of New York-based VanEck and the blockchain platform SolidX.
ETFs mean that people can buy bitcoins without dealing with online exchanges where there are currently issues of trust and lack of control.
jrrsparkles
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July 31, 2018, 08:23:51 AM
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A true Bitcoin investor will not be happy, if a Bitcoin ETF is approved, because this will only create massive volatility in this market. You will find that the institutional investors will manipulate these Bitcoin ETFs with large capital reserves and you will get massive spikes and huge dumps, which will destroy the use case for Bitcoin to be used as a currency.

Some people rejoice about the SEC's decision to deny the Winklevoss's ETF, because they know it will destroy Bitcoin as a viable payment option.  Angry
As a true bitcoin lover I don't want ETF to get approved on bitcoin after read your suggestion. Undecided

Already the volatility of the itcoin is the reason that bitcoin to be used from currency so imagine what will happen it will be used only for dumping and bumping from big investors then the future or the bitcoin will be uncertain.

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