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Author Topic: Will SEC never approve Bitcoin ETF?  (Read 19242 times)
Mr.grin
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February 10, 2019, 03:35:53 PM
 #101

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/


As far as i know, SEC have not accept any bitcoin ETF yet until now.
Of course, they rejected many bitcoin ETF proposal from some parties already.
But it doesn't mean they won't accept any bitcoin ETF in the future. If they have enough time to conclude the result, maybe they will approve some.
well, maybe the news for rejecting SEC ETFs against bitcoin is no longer a secret. however, there are a few things I heard about this, and they said that the SEC might later accept bitcoin. this certainly will greatly affect the development of bitcoin in the future.
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February 10, 2019, 04:26:13 PM
 #102

Though I love to see crypto in decentralization but at this moment SEC's ETF approved can be big help for the bitcoin and the total crypto market. If that article's news is real then I have doubt about it. SEC will not approve bitcoin until it makes a stable price, as we can see SEC is rejecting bitcoin everytime, volatility can be a reason for it.

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February 10, 2019, 05:16:19 PM
 #103

SEC sentiment is getting more positive now. We just need a majority of the commissioners on our side.
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February 10, 2019, 09:24:21 PM
 #104

Though I love to see crypto in decentralization but at this moment SEC's ETF approved can be big help for the bitcoin and the total crypto market. If that article's news is real then I have doubt about it. SEC will not approve bitcoin until it makes a stable price, as we can see SEC is rejecting bitcoin everytime, volatility can be a reason for it.
The SEC is also in a position to judge not to refuse continuously because they also do not want crypto transactions to move in a chaotic manner without regulations and the possibility of new investors in big waves that cannot be monitored anymore. many coins will try to stabilize prices even though bitcoin doesn't do it. The SEC also reads things that are constantly being processed in a generic investment circle in the market.


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kxz1498
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February 10, 2019, 10:12:10 PM
 #105

Doesnt the CTFC manage ETFs though?
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February 10, 2019, 10:34:01 PM
 #106

yes. it is obvious the SEC will approve the blockchain technology and the bitcoin in particular but it will only take time and perseverance from the big whales in the space. it has been a while since the SEC has its chance to make decisions and i believe that there is a time frame given to SEC to make decisions of approval.

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February 11, 2019, 01:27:44 AM
 #107

There is a lot of press around this topic, and what I've taken away is:

- it will happen eventually
- it won't cause a massive influx of cash
- the head of US SEC thinks it "should" be approved soon

Given that applicants meet guidelines laid out for them...
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February 11, 2019, 03:12:44 AM
 #108

There is a lot of press around this topic, and what I've taken away is:

- it will happen eventually
- it won't cause a massive influx of cash
- the head of US SEC thinks it "should" be approved soon

Given that applicants meet guidelines laid out for them...

We just have to wait for the other commissioners soon.
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February 11, 2019, 03:25:41 AM
 #109


As far as i know, SEC have not accept any bitcoin ETF yet until now.

i thought this matterr is already done ? i hear a post lately , the guy said that etf is already approved bitcoin . that is also the reason why we see a greens now .

Of course, they rejected many bitcoin ETF proposal from some parties already.

its not many . afaik it is only 2 proposal that they try to avoid .

But it doesn't mean they won't accept any bitcoin ETF in the future. If they have enough time to conclude the result, maybe they will approve some.

yeah maybe they are not ready that time . dealing with bitcoin is not a joke . you need to understand its consequences  first  and that is what their doing  .
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February 11, 2019, 04:11:07 AM
 #110

There is a lot of press around this topic, and what I've taken away is:

- it will happen eventually
- it won't cause a massive influx of cash
- the head of US SEC thinks it "should" be approved soon

Given that applicants meet guidelines laid out for them...

Right, lately there's a lot of spike in the news again regarding the approval or rejection of Bitcoin ETF, that's while we made some rally in the last 2-3 days.

But, don't be excited because it is not yet approved so we can't see the net positive effect yet. If might really bring a influx of cash, but I would like to see its a steady growth and not the bubble that we have seen in 2017, so we need to wait.
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February 11, 2019, 05:14:11 AM
 #111

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/


Sooner or later Btc ETF will be approved as big institutional investors are willing to join the boat. The just want to buy a lot of btc before as cheap as possible. Until they did not filled their pockets price will continue to be manipulated.

However,  don't forget that price reached 20k without any ETF approved.

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February 12, 2019, 12:12:09 PM
 #112

SEC will be approved Bitcoin ETF there is something positive news about it.
I think anyhow if it will be approved market must be increase everybody say that.
https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows
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February 12, 2019, 02:41:04 PM
 #113

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/


Sooner or later Btc ETF will be approved as big institutional investors are willing to join the boat. The just want to buy a lot of btc before as cheap as possible. Until they did not filled their pockets price will continue to be manipulated.

However,  don't forget that price reached 20k without any ETF approved.
Even without ETF it can reach more heights,ETF is just a tool for speculation now but we really don't need it to use it in the regular basis.Institutiona investors will make the cryotos too expensive which will become like an asset if they were here.So decentralized economy will become a dream though.
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February 12, 2019, 03:12:34 PM
 #114

SEC will be approved Bitcoin ETF there is something positive news about it.
I think anyhow if it will be approved market must be increase everybody say that.
https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows
I'm pretty sure ETF will be approved soon once exchange owners will proved its legalities. Regulatory boards are also concerns with the people and they could just make any mistakes that could lead into confusions and could ruin their reputation. People we're watching this, and I know we all excited for its approval.
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February 12, 2019, 04:51:18 PM
 #115

Its just a matter of time before they approve this thing but technically we don’t need them directly. ETF’s not the real adoption its a way to open this market for me institutional investors with confidence and guaranteeing them an easy returns.
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February 12, 2019, 05:00:41 PM
 #116

Its just a matter of time before they approve this thing but technically we don’t need them directly. ETF’s not the real adoption its a way to open this market for me institutional investors with confidence and guaranteeing them an easy returns.

Technicallly this approval process could last forever. There is no any obliged time frame. But I still think that people are expecting way too much from ETF approval when in theory this will not change much and it will not influence Bitcoin price to suddenly rise to the sky. But in some extent market could react in positive way on short term basis.

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February 12, 2019, 09:43:15 PM
 #117

SEC will be approved Bitcoin ETF there is something positive news about it.
I think anyhow if it will be approved market must be increase everybody say that.
https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows
This latest news about the approval leaked and was widely spread I believed there is some iota of truth in that news perhaps this might be responsible for the sudden pumps in the price of bitcoin and I am very optimistic that the approval will come sooner than later having been postponed for a long period of time.

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February 12, 2019, 10:33:06 PM
 #118

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 think this is great, I am glad that the SEC will not approve the ETF. The approval of ETFs can significantly affect the entire Crypto market when governments enact more rules. The crypto market does not need any support from any government organizations because I believe it does not require anyone to help.
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February 12, 2019, 10:58:07 PM
 #119

If there's one thing I'm sure of in the whole Bitcoin-ETF situation, is that an ETF would one day be approved by the SEC. It might be delay a couple of times but eventually, It will. Lately there have been a lot of positives surrounding Bitcoin and other cryptocurrencies which makes me believe that an ETF approval is imminent. Just hang on guys.

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February 13, 2019, 11:16:53 AM
 #120

If there's one thing I'm sure of in the whole Bitcoin-ETF situation, is that an ETF would one day be approved by the SEC. It might be delay a couple of times but eventually, It will. Lately there have been a lot of positives surrounding Bitcoin and other cryptocurrencies which makes me believe that an ETF approval is imminent. Just hang on guys.
- I don't think the SEC will accept bitcoin ETF someday, it not only rejects bitcoin ETF a few times, it has rejected so many times Bitcoin ETF, even someone who doesn't know too much about crypto, they also know that this story has problems. And the problem here is that bitcoin ETF is just a rumor, a news that could allow whales and investors with a lot of money to use it many times to control and change market prices, we can realize this very easily when every time the market changes drastically, bitcoin ETF always appears, approving bitcoin ETF is just a dream of dreamer


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