The ETF is a created hurdle. Created by the speculative parasites that this industry counts plenty of, and massively fueled by shitty mainstream media outlets.
Not that long ago no one said one single word about ETF's, and suddenly it's a big deal. The same applies to the shitty Winklevoss ETF that was rejected. Even a day before its rejection it was like it didn't exist, and then out of nothing everyone acts like we are doomed.
2018 doom list.
Facebook ad ban.
Google ad ban.
China cracking down on crypto.
Japan enforcing harsher regulations.
South Korea enforcing harsher regulations.
RBI ban.
Bitcoin being an environmental problem.
ETF rejection.
Futures manipulation.
Tether manipulation.
With all that in mind it's a miracle we're still hovering around the $6000 level.
