Is ETF Really Effect the Bitcoin/BTC

[Justindud]

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

[BitcoinGuruOne]

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

ETF is a finacial instrument which allows traditional markets to enter crypto trading with current regulations in place. The ETF istelf currently cant effect the price since there is no ETF ( at least in the USA ) but the anticipation can and will effect the price as in case of BTC futures. Also noone knows what the ETF will look like, will it acutally help avarage Joe or will it be for institutional investors only.

[WaterSeal]

ETF enlists the coins to enter into the crypto market. So, they are pretty important for us. Certain rules and guidelines are needed to be followed to get the coins enlisted.

[MarshMagpie]

The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then.

[Reatim]

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

If it has a effect, its going to be on a short term basis only. Bitcoin has survived with ETF for many years, although others may argue specially the CBoe ETF proposal can at least put some "trust" on the market, I don't think it will have a lasting effect. We may see a good price spike if its approved, however, long term, I don't see it having a significant impact on the price and I believed that it won't push the price to a new all-time-high.

[CrashGangster]

In my opinion ETF approval can only add to Bitcoin's popularity and demand whereas getting rejected by Security Exchange commission will not make it less valuable which will cause a dip in price. So, ETF can only affect Bitcoin's price in positive way. I see no reason for it to damage Bitcoin's reputation or demand.

[rickn]

I do not see how the ETF influences the price of Bitcoin, but rather the reverse, because only when Bitcoin rises again is that the other altcoins will recover in the sequence

[samcrypto]

ETF hype, yes it help to boost the price of bitcoin to hit the $8k level again. And now we are dumping again because of some delay about that ETF. Technically, it can really help the market way up and I know good things can still happen about it.

[xfaqs01]

i get your point op but the problem of bitcoin as a form of payment is big, the trasaction fee is so big that its not practical for it specially for micropayments purpose, thr time of transa tion took very long because of condense network. we can only hope for this if the loghtning network gets perfected this bitcoin could be use in payments.

[X-ray]

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

Not only bitcoin but the whole of crypto ecosystem. ETF gives bitcoin a lot of money if that will be approved by SEC. It's really affecting the bitcoin price consider it can become the new gateway to the us investors to put their money on the bitcoin. remember bitcoin is not classified as security token and that will be fine.

[suzanne5223]

The bitcoin ETF does have effect on the bitcoin market cause it will inspire yet to come and new coming investors to invest into Bitcoin and other cryptocurrency. However, almost all cryptocurrency community believe that the ETF will be the key for bitcoin to go mainstream. Unfortunately, the SEC still reject all ETF submitted.

[thepers0n]

ETF is an important tool that will largen BTC security and privacy.   I hope that accepting of ETC for BTC will bring big changes on cryptocurrency market. i believe that it will so helpful for it

[lephuqui]

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

I think the ETF does not really matter. It is just one step in raising the btc value at the present time.

[KS03]

The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then.

You may want to update your stock tickers.  BTC is at $7600 at this time.  I think this mini sell off is mostly overdone and will be correcting at anytime however with bankers involved who knows. 

[inanilujimi]

as far as I know right now it is true that ETF can affect the price of bitcoin. if we look at a volatile market at ETF news. so far BTC has always stood alone for a long time, before the ETF may be the current effect is only temporary and bitcoin lift up even without the ETF though.

[ehiozuwa]

ETF will have an impact on the prices of bitcoins since it will actually involve the purchase of bitcoins out of the crypto-market into an alternate market for trade.It will drain cryptos of its bitcoin and thereby create scarcity and price will spike.

[entrepmind23]

An etf absolutely increases the value of Bitcoin, the funds have to be held, the Bitcoin has to be held and traditional investors can easily gobble up tons of bitcoin, this leads to demand SKYROCKETING.

Yes, this is what the people is anticipating. This would allow big money to be invested in the cryptocurrency market which in effect would make the price shoot up. If this happens, then it wouldn't only attract the attention of investors but also the ordinary people because this would appear in the news then. Even if there are negative news surrounding it, the people would see a chance of a profit and this would benefit then the early holders of it.

Just look at what happen to gold when there is an ETF. Its price was folded multiple times so there is many people positive about the price reaching $50,000 if ever ETF would be approve. Currently, we can just wait for the decision and accumulate as much as we can and trade as well to have more coins.

[Karisma Black]

ETF enlists the coins to enter into the crypto market. So, they are pretty important for us. Certain rules and guidelines are needed to be followed to get the coins enlisted.

What?
No!
Please refrain from posting if you have no idea what you're talking about.

[Greplive]

I think it’s really effect on bitcoin. Suppose if  SEC  approved bitcoin SEC then bitcoin will be more popular and sustainable. And it will be very effective for BTC.

[Halwas]

I think EFT is slightly effective for bitcoin. If it approve people will move positively into it. More investor will invest bitcoin. Bitcoin coin have good project and develop every time so if ETF not approve it will not effect badly but if it approve than it eill create positive impression