https://www.sec.gov/rules/sro/cboebzx/2018/34-84231.pdf

As of September 19, 2018, the Commission has received more than 1,400 comment letters on the proposed rule change

Interested persons are invited to submit written data, views, and arguments regarding
whether the proposal should be approved or disapproved by [insert date 21 days from publication
in the Federal Register]. Any person who wishes to file a rebuttal to any other person’s
submission must file that rebuttal by [insert date 35 days from publication in the Federal
Register].
Comments may be submitted by any of the following methods:
Electronic comments:
 Use the Commission’s Internet comment form (http://www.sec.gov/rules/sro.shtml); or
 Send an e-mail to rule-comments@sec.gov. Please include File Number SR-CboeBZX2018-040
on the subject line.

just like before SEC is only wasting time before they eventually reject this ETF too. nothing has changed compared to all the previous times they did the exact same thing with their constant delays and postpones. so their decision should not have changed either.

there isn't any signs anywhere. price is still the same as before with market not even reacting to it in any ways.

bitcoin ETF and the decision SEC makes about it has nothing to do with any of the altcoins including ETH!

you don't short bitcoin every day of the week. they just did it recently. there needs to be some time before a "push down" happens otherwise they will lose money just like some of them lost money yesterday when they tried pushing it down and market reacted violently against them crushing these whales.

I agree with all your points. This whole hype campaign that has been created around this proposal has been blown out of proportion in my opinion because I confidently feel that SEC will simply reject it at the end of the day.

Waiting 6 freaking months for a rejection is absolutely pointless in my opinion. The truth is that no one knows when we will see an year like 2017 again which is why I would not completely depend on cryptocurrencies for your daily wages.

This is not a suprise in anyway,look a the market, it did not care also, it did not have any negative price action.
Maye the public pressure wil help but in general, they will not allow BTC ETF to go trough so soon.

I think that we will see ETh ETF sooner than BTC.

I think this is not negative news in itself. It could have rejected this just like it did all the other ETF proposals, so i think the SEC is waiting for more infrastructure to roll out and exchanges to clean up their acts and then maybe allow the ETF to come in. Also we need to see other things come into play like BAAKT etc and more custodial services be provided. I believe once the SEC sees more of these types of initiatives comes through, it will allow for the roll out of the first ETF.