Will SEC never approve Bitcoin ETF?

[marcbitcoins]

It is very difficult to tell if the SEC will approve the ETF products as at this moment there is no clear sign of what will be their decision but hopefully it will be approved as the SEC knows that ETF would attract billions of investments in the future in which a big help to the economy.

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[Maestro75]

I believe it will be in the good interest of SEC to approve the Bitcoin ETF. It will help regulate the market like gold is now. But if it is not approved, it will not stop Bitcoin gaining higher price and use. Did Bitcoin not get to $20,000 without the ETF?

[Kakmakr]

The SEC is just a regulatory tool that are used to push a political agenda. The SEC will do the groundwork and research for them, but they will not make the final decision. They are looking at things like how much control and surveillance can be used on technologies like this and if regulation cannot address issues like this, then they will deny applications like this.

The US Stock markets are fully regulated and controlled and surveillance software are monitoring every trade that are done. Can this be done with Bitcoin and can external markets influence these investment tools? If the answer is YES, then they will not approve the Bitcoin ETF's. 

[reynald70]

I think there is a possibility that ETFs will be accepted by the SEC, because Bitcoin requires legitimate trading rules, so that it can increase the trust of many Investors, but still that Bitcoin will never be able to be managed by them.

[bp124]

I think Right now  SEC have no reason to approve bitcoin  because bitcoin is really disadvantage to their  tax revenue when its come to financial  sector . For SEC to  approved bitcoin will take many years to reach agreement because one day they will realise that they can never stop it  so they must  put regulate it and approve it .. Don't worry Years to come SEC will approve bitcoin  ..

[livingfree]

The Winklevoss twins are also playing a role in this, and they are still working towards the approval of it.

https://coincodex.com/article/2843/winklevoss-twins-are-still-working-towards-bitcoin-etf/

They do play an important role to this but it's still the SEC's decision if they will approve the remaining Bitcoin ETF proposals. Anyway, how many ETF proposals are there left? Does anyone know what's the update regarding those rejected ETF's that the SEC said to review those first? I'm looking for some valid and legitimate source about that. As long as they are reviewing it and the deadline hasn't been met, there's still a chance but it's best not to have full hope with that.

[TheUltraElite]

I think that in the near future, when only the top coins remain, and the cryptocurrency will be used as a means of investment, and possibly investment, then ETF will be approved.

What happens in near future we can only speculate. We know that bitcoin will remain the biggest and most market capped coin out there but will a ETF be accepted? I think we are over exagarating it too much now. Since last year this ETF buzz has started and every-time the ETF gets delayed there is a market crash happening. I think this is just more FUD being pumped into the market even if this sounds paranoid.

Stop thinking about ETF for a minute. If it happens and get accepted well and good. But the higher chance is of them not getting accepted.

[Dr.Osh]

yes, it is very difficult to identify any market manipulation, and market manipulation has a huge influence on the stability of crypto trading.

besides, the SEC considers that the Bitcoin ETF is HYIP. and that will create lose for everyone.

MTGOX is an exchange that is destroyed by market manipulation.

well, i also have a bad feeling about this. I think when the SEC rejects bitcoin, the price decline will happen again. well, but we can't avoid that, because the thing we need to do now is wait.

[Ridwan Fauzi]

Why do we always hope for the SEC? I guess without SEC bitcoin it can increase, and when we expect too much of a party it's not a good way to invest. How many times has the SEC refused and postponed its decision to accept bitcoin, I think it was almost 2 times. And I just estimate the SEC has made some parties who will regulate bitcoin decide to delay as well, they will wait for the SEC's decision and they will follow the steps taken by the SEC.

[Hallmader]

It does not matter anymore. Let the SEC remain the bitter antagonist in the growth of Bitcoin. At the end of the day, the SEC is always going against Bitcoin because it is a government agency. And even if it is not open to the public, the SEC is a slave of the rich elite who are also the bankers and the ones who are dictating the decisions of the government. Sooner or later, they will be left with no other choice but to follow the voice of the majority of the people. And that is the use of Bitcoin in their day to day life. Approved or not, Bitcoin has already been approved by the people.

[conected]

As long as BITCOIN will not have development SEC ETF will be hard to be approve.
We need more development on the system for the other country accepts the BTC.
But not far iun the future it will be implemented and signed.

- I never even believe that the SEC will accept bitcoin ETF because they rejected this issue too many times, they really are not too concerned about the development of bitcoin, and I feel all the stories about bitcoin ETF, that seems to be just a trap to deceive investors. And the whale is the director for this scenario, a proof that I feel very clear that news related to ETF, it often appears in crisis periods, stages that only need a strong factor are enough to change the market, and after all, we can understand that this approval is only fiction, it will never come true

[gabmen]

Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.

So will there never be an SEC approved bitcoin ETF?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/

I strongly believe so.
They have a good reason for the delay.
But talking about approving it, they surely will

Well  i don't even think we should be concerned over whether it'll be approved or not lol. For me it's going to have very minimal shirt term effect regardless if it's approved or denied. Bitcoin doesn't need etf.

[sandra_x]

The bitcoin ETF proponent will really need to answer a couple of tough questions as these past few months has shown how easy it is to manipulate the market, SEC will likely not give approval until these issues are adequately addressed, they will not be in a rush about it, they must be sure investors are protected.The issue with exchanges are also of concerns, a lot of exchanges are faking the volume of trades (I know they will not be using traditional exchanges)

[kucritt]

for right now i think it will never happen, SEC will not approve bitcoin ETF but we dont know about future, maybe something will change the condition, maybe in the future bitcoin will approved. we should believe on this.

[satosibtc1000]

Guys I think no need to iron the SEC will approve the ETF or not. After all, next month will be the final decision. I think we should just wait.

[Wasimalik]

It could be my point of view only but as far as i have followed all those news and updates, I believe someday SEC will approve. Let's hope for good news.

[TheUltraElite]

I think all it will take is time before they finally approve it.

That time will be pretty long. The US government has not yet found a method to combat crypto and its adoption so they are trying their best to keep it within manageable limits. After all there are certain problems wit the humans about morals and ethics which come in question when anonymous currencies that are difficult to track become the center of attraction.

People will be there who will try to manipulate the markets and without regulation there will be problems of the whales pumping and dumping. ETF will be a long way as long as that is prevalent.

[Dondisimo]

Everyone is looking forward to when the SEC will make a positive decision about bitcoin. This is really very important for the whole cryptocurrency world. I think that one day we will be able to see a positive outcome of this event, despite all the doubts now.

[Krakenproto]

I hope that they never approve it. We have good technology and we don't need that greedy wealthy people's toys.
We maybe don't get the ''pump'' in the price, but Bitcoin doesn't need that garbage.

[Fluxtorrence9]

This is January 2019 and ETF is a few weeks away I'm hoping it will finally get approved and no more postponing ,both bakkt and ETF will play a huge part in cryptocurrency world if they get approved