Bitcoin ETF

[robertcross07]

It looks like a blessing for bitcoin. Under the circumstances going on with bitcoin it could be the most relaxing news. Hope it will boost bitcoin.

[1715669866]

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[Ms.Anna]

Many analysts predict a rapid increase in the price of bitcoin. All other crypto currencies will also start to grow, but not as fast as bitcoin. I tend to believe them. But I think that such a bull trend as last year should not be expected.

[dothebeats]

I don't know what exactly will an ETF do to bitcoin fundamentally-wise but I'm pretty certain that there'd be a huge speculation spike once more in bitcoin come the approval of the ETF. Everyone is banking on the said event yet most people know little about what it really does. It doesn't give institutional investors direct access to the market but rather touching bitcoin from a pretty safe distance, which is, as far as the word's definition is concerned, involvement nonetheless. Confidence is what it primarily gives to the investors, giving them hope that a fruitful run is on the way.

[zinson01]

Honestly, you cannot expect the good or bad news not to have an effect on the market. Look at other fiat currencies and markets, they are also being affected whenever a good news get published about them. Word of mouth will always have influence over a currency market. However, I agree with you on the part that these news or approval of ETF should not have such power over the price in market.

[beliomir]

I think that bitcoin etf will be accepted this year, but not in August. In general, I think that bitcoin etf is needed, since it will show all investors the seriousness of this industry.

[DavidMoore]

Various news on Bitcoin ETF is definitely affecting the market in positive or negative ways. Recent rejection has made bitcoin slump but there are more hearings lined up by SEC for ETF approval, these will also play a big role to increase the demand for Bitcoin among the users and also make the market grow.

[Quinni]

The chances of a bitcoin etf passing through are slim, and today's market is the result of the etf crisis, with the BTC falling 10 percent and the crypto market collapsing,

[KKH84]

According to the news I read,The SEC has decided to postpone the decision of the Bitcoin ETF until 30 September. because the delay in the results was then followed by the decline in the price of bitcoin on the crypto exchanges since last 7 August.

[tonthoduy]

 I think Bitcoin could make ETF bull run better. I agree with you on the part that these news or approval of ETF should not have such power over the price in market. So sad !!!

[zenrol28]

Decentralization is bitcoin's killer app. No one in the banks nor governments can do it because they're basically a centralized entity. They are a complete contradictory to bitcoin and yet bitcoin will eat them. Regarding ETFs, let's Exterminate The Fcuk out of them all. It is only us people who is needed for bitcoin to work. No need for these institutions, we can be free from them.

[qiwoman2]

I agree with you, why should this piece of news be recking the markets all the time? EFT OR NO EFT, we should be investing in Bitcoin and solid blockchain projects to improve the world and our future. Unfortunately, though you have the market manipulators and Youtube influencers playing with the minds of most traders. So what happens is EFT delay now causes another big shorting escapade and only benefits shorters and dumpers. So those who believe in Bitcoin and the Blocklchain and holding are constantly losing their wealth to those who don't give a stuff about the future but only care about lining their pockets.

[BestBoardroom36]

As we all know, the bitcoin market is not only volatile but also prone to manipulations. So, it is natural for it to get manipulated by good or bad news. Recently, BTC seen a slump because of Winklevoss' ETF rejection and hopefully it will rise again once CBOE ETF's hearing starts. So, there is nothing we can do about it right now but in future, it is likely that, we'll find a way.

[mazdafunsun]

Bitcoin ETF has been discussed on so many ways and levels that I am starting to get sick from seeing 10 news articles a day about BTC ETF. The truth is that it wont be accepted any time soon because the main reason behind SEC rejection is that BTC market is being manipulated my uknown players, Since SECs main goal is to protect the consumer form markets which are manipulated easily, they will not accept any BTC ETF any time soon  and it does not matter if they decide to review rejections .

[Dexion]

I think this event will be repeated again, we know that in 2017, the ETF got rejection by the SEC, and then created a bad market, so, we must recognize that the bitcoin ETF has an influence on the development of the crypto market.

we are aware that there is no definite standard for measuring the value of bitcoin volatility, but the media always compares crypto economy with conventional economic theory.

so, this is a basic economic theory that cannot be separated.

[xuan87]

Most of us not really comfortable depending on etf to make bull run, but for now it's a good option to return the investors trust, we need more funds and the investors need assurance, so we need the etf, etf also could be the door for legality, even though I don't really like the etf but for now we got no better choice

[xbossJ]

Rejecting ETFs because of the claim of manipulation is not enough to be against bitcoin. People do trade forex with professionals, its not ideal for an investor to want to self trade. It would be wise to invest but have ur money in the hands of people who are conversant with the market. It is also an ideal opportunity for manipulators to make money. Instead of doing the job of full time manipulation, let these players establish trading firms and become money managers instead. So no one looses to inexperience. Overall bitcoin will grow gradually and it sure will repeat its trend.

[metalglowd]

For me I don't want bitcoin ETF to be the one that will the declare the BULL RUN.
But I don't disagree with ETF too,  I just don't want it to be the necessary factor why Bitcoin will rally.
I think that we will fine the Game Changer once we find the Cryptos Killer App.
I just don't think it is payments right now.
We have alot of credit cards, bank cards, qr codes and online banking apps that are fast, instant and/or free.

If we are looking for Bitcoins year, I just don't think it's 2018.

How about you? what are your comments?

I also agree with your statements, ETF shouldn't become a fate of cryptocurrencies, if we really want to take this world to the future, especially at financial and economics part, then we have to allowed cryptocurrencies at least try to make its way, but sadly people just really want to make it worst

[melallgarant2015]

open the gate for big money - and this is very good

[menammeo]

Bitcoin ETF is an investment basket that simulates the entire Bitcoin index of companies constituting. Bitcoin ETF will track the Bitcoin value and be traded on the traditional stock market. Investors in the Bitcoin ETF fund will have to guess Bitcoin's value without a Bitcoin purse to protect its assets. This is the strengths and weaknesses of the Bitcoin ETF. Real investors do not own any Bitcoin, similar to the Gold ETF (GLD). It looks like derivative stock. This mode will help non-experienced investors to easily enter the Bitcoin market. With the Bitcoin ETF, large investors can invest in multiple types of cryptocurrency at the same time or invest in Bitcoin securities and investments in a single portfolio.

When an ETF wants to create a new share of its fund, it will switch to a person called an authorized participant (AP) for assistance. An AP is just a preferred name for a person who is responsible for buying the underlying asset that an ETF wants to hold. APs require licenses from ETF providers and are usually financial institutions that have a lot of purchasing power.

Here are the basic steps:

AP starts the process by buying basic assets. For example, if an ETF wants to track the S & P500, an AP would buy the appropriate amount of each stock based on the index weight.
AP sends assets to the ETF provider.
In return, the ETF supplier sends back its equity back to the AP. The value of these shares is equal to the asset that the ETF provider just received.

[maxilopez]

I am sure that 2018 will not be a year for Bitcoin because the year is already ending and there is no growth. I think that futures will be accepted in 2019 and then we will be able to enjoy the new rally to the new tops