Why does anyone care about BTC ETF?

[samycoin]

I think we don't need debate about Bitcoin ETF. If bitcoin is not approved it's alright we can survive the crypto because it decentralized and if Bitcoin ETF well it's alright too because it will be a big help in crypto so we don't need to debate about that because we continue what we do in crypto.

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[lornadane]

You just asked my question about ETF! I really wonder why people are going for the ETF run? why they want bitcoin is under the regulation. I am very happy that ETF rejected bitcoin and it will reject again on 30th September. People should know bitcoin is a decentralized, anonymous digital currency, it doesn't need any regulations.

[metalglowd]

Because Bitcoin ETF will make better for Crypto ecosystem, Bitcoin ETF will make more high demand for Bitcoin itself and also others crypto. We can see price of Gold was increase all the times high after this asset approved by SEC to be apart of ETF. And Bitcoin will do the same thing if Bitcoin ETF to be approved.

I doubt it won't even have any effect on bitcoin, we know someone often mimics what has become successful, but doesn't see other factors that cause it. I think this is just a trick and cunning way from their side to manipulate bitcoin. Demand exists because there is money and funds. if bitcoin saca is accepted and it only becomes a temporary hype like the end of last year then it's just a lie

[cryptowolfsu]

Crypto market is small and we desperately need new investors. If Bitcoin ETF will be approved
huge capital waiting on sidelines will enter the market and the it will become more respectable and  stable.

[Rahar02]

Of course, many people care about it as the impact will be significant, but not everyone expects bitcoin ETF to be accepted though.
Some say ETF could harm the bitcoin market and others contrarily, but one thing for sure is traditional financial institutions and more investors will acknowledge bitcoin and brings a huge influx of money to the market. Nevertheless, the chances of an ETF proposal get accepted are small due to SEC wants the proposals in some way deterring fraud and manipulation but the vast majority of bitcoin trading occurs outside of the US, which means there is no way to ensure protection against manipulation.

[figmentofmyass]

Of course, many people care about it as the impact will be significant, but not everyone expects bitcoin ETF to be accepted though.
Some say ETF could harm the bitcoin market and others contrarily, but one thing for sure is traditional financial institutions and more investors will acknowledge bitcoin and brings a huge influx of money to the market.

it won't necessarily bring a huge influx of money. that's the assumption a lot of people make that i'm ambivalent about. giving wall street a new security to play with (in addition to CBOE and CME futures) doesn't guarantee new demand. you can build it, but how do you know they'll come?

i'm not saying it's likely, but we should prepare for the possibility that demand and volume are low if/when an ETF gets launched. if demand is low enough that spot share price is falling below the NAV then arbitrage opportunity will push brokers to redeem shares and dump bitcoin on the spot market.

[Kevin77]

I'm no expert but why does everyone make such a big deal about something that many experts have warned would have a negative impact on the price? It's almost like people need the blessing of "big brother" to feel ok about something. This is supposed to be decentralized people, you want regulations then go invest in stocks. Am I outta line here?

That is because people always want to believe whatever they want to believe.

Yeah, the approval of ETF could bring about some more money into the crypto space and possibly channel the market to the mainstream but the reality here is that it would even subject the market to more speculation because in this case, we already know those who are simply holding most part of it after chasing the weak hands away.

I know a lot of people are clamoring on regulation being something that could bring about some market maturity, but truth be told, as adoption kept increasing, the market has been maturing on its own gradually better than the way it used to.

[Jating]

Of course, many people care about it as the impact will be significant, but not everyone expects bitcoin ETF to be accepted though.

Significant but unlikely to be sustainable. We might see another bubble to form if SEC approves it.

Some say ETF could harm the bitcoin market and others contrarily, but one thing for sure is traditional financial institutions and more investors will acknowledge bitcoin and brings a huge influx of money to the market. Nevertheless, the chances of an ETF proposal get accepted are small due to SEC wants the proposals in some way deterring fraud and manipulation but the vast majority of bitcoin trading occurs outside of the US, which means there is no way to ensure protection against manipulation.

It could really harm the market in long term.  as I have mentioned their might be a sudden influx, tons of money being push into the ecosystem, but I doubt that it going to be a sustained growth. We will give institutional investors or custodians powers that at the end manipulation will be very obvious that might sway away casual investors.

[Barcode_]

I guess some of the bitcoin investors are hoping that the approval of a bitcoin ETF from the USA SEC officials would allow the crypto-currencies trading market to gain more exposure, this action might attracts more investors to invest their fiat money into crypto-currencies and thus increasing the whole crypto-currencies market capitalization by a huge volume.

[Fabienne_ayy]

I'm no expert but why does everyone make such a big deal about something that many experts have warned would have a negative impact on the price? It's almost like people need the blessing of "big brother" to feel ok about something. This is supposed to be decentralized people, you want regulations then go invest in stocks. Am I outta line here?

Bitcoin might actually start another significant bull run if the SEC approves the Bitcoin ETF’s

[manggis97]

Because Bitcoin ETF will increase the demand of Bitcoin and other crypto,  we can see gold that the price increased after SEC approved the ETF.  If SEC approved Bitcoin ETF,  this crypto will become asset class and will be more adoption for it.