Predictions if Bitcoin ETFs are approved

[CoinCodex]

SEC once again delayed the decision on whether to approve or reject the VanEck SolidX Bitcoin Trust!

https://coincodex.com/article/2721/sec-delays-decision-on-vaneck-solidx-btc-etf-sets-february-27-deadline-for-final-decision/

[gabmen]

SEC once again delayed the decision on whether to approve or reject the VanEck SolidX Bitcoin Trust!

https://coincodex.com/article/2721/sec-delays-decision-on-vaneck-solidx-btc-etf-sets-february-27-deadline-for-final-decision/

Well a lot of people are eager for an approval asap expecting it'll save the year for them but i wonder what's going to happen if it gets denied considering the state bitcoin's in right now.

[coinluisa]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.

[MFahad]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.

Bitcoin is no doubt bitcoin but we need ETF to be approved if we need to see a lot of rise in the prices of bitcoins. Currently there is not anything speical going on with bitcoin and every one is uncertain about bitcoin so the adaption rate is very low.

If ETF is approved we can see another big bull run this year, else i am not sure if the bear market will end or not.

[darewaller]

The crypto asset management firm Bitwise has filed an initial registration form for a new Bitcoin ETF proposal with U.S. regulator SEC (Securities and Exchange Commission).

https://coincodex.com/article/2859/bitwise-proposes-new-bitcoin-etf/

I just wonder what changes they have made within themselves so that they will get approved unlike what we have seen in the past. Until now, so many ETF applications were rejected and I do not think what will be the possibility if we keep trying on.

Basically SEC kept rejecting all ETF applicants for the reason of lack of central administration for taking care of investors but that could not be fixed with bitcoins. I do believe only when SEC starts realizing the features of being  decentralized system like everyone should take care of themselves and should not depend on an authority then most probably we may get approval.

I'm not seeing SEC to liberalize their terms in near future but it may happen when there will be new people with modern thoughts governing there.

[fabiorem]

There will be no effect on the price.

And they are not going to approve it before we reach three-digits.

[thecodebear]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.

Bitcoin is no doubt bitcoin but we need ETF to be approved if we need to see a lot of rise in the prices of bitcoins. Currently there is not anything speical going on with bitcoin and every one is uncertain about bitcoin so the adaption rate is very low.

If ETF is approved we can see another big bull run this year, else i am not sure if the bear market will end or not.

An etf is definitely not needed for the price to rise. Once the sellers on the market feel safe the bottom is in and so there is no reason to sell at current prices (which could take a bunch of months) the price will start to rise as they decide that selling at three or four thousand dollars isn't a good deal for them. An ETF if approved soon would likely make the price rise sooner, but it is by no means needed to make the price rise. An etf is just one of many factors that can contribute to the next bull run (ie more countries officially recognizing Bitcoin like Japan did in 2017, institutional players entering the market through stuff like BAKKT and Fidelity etc, greater merchant adoption, continued tech advancement including the LN, more financial people getting on board and publicly talking about the future of bitcoin, etc.

[b3j0]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.

In my opinion there is a game behind all of this, they deliberately create conditions like this so that the price of bitcoin continues to decline and they can buy at low prices. after that there will be news if the ETF has been approved. this is only my guess.

[bintangkejoraku]

There will be no effect on the price.

And they are not going to approve it before we reach three-digits.

why does ETF have no effect on prices? when we reach three digits and the ETF is approved, it won't change the price? then why are they waiting for us to reach three digits?

[wuvdoll]

Basically SEC kept rejecting all ETF applicants for the reason of lack of central administration for taking care of investors but that could not be fixed with bitcoins. I do believe only when SEC starts realizing the features of being  decentralized system like everyone should take care of themselves and should not depend on an authority then most probably we may get approval.

I'm not seeing SEC to liberalize their terms in near future but it may happen when there will be new people with modern thoughts governing there.

You might be right because even Winklevoss brothers also was not able to convince SEC. I mean even they are ready with all the requirements, the base of cryptocurrencies is till remaining as barrier here. Probably, SEC needs more time to study the crypto ecosystem but I suspect that they will compare it with traditional system which might lead to disagree with cryptocurrencies hence approvals may still get delayed for infinite time period.

Blockchain and decentralization concepts are becoming part of academic curriculum which may help higher officials to understand better and then may start considering to approve bitcoin based ETFs.

[bittraffic]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.

In my opinion there is a game behind all of this, they deliberately create conditions like this so that the price of bitcoin continues to decline and they can buy at low prices. after that there will be news if the ETF has been approved. this is only my guess.

They will keep delaying all these until no one cares anymore and that's the time they approve. Even so they want no one will care when its going to be approved and I think you should really not care about it at all. I once want it to happen since last year but I doubt it will really happen in my lifetime. You just focus on more on acquiring more altcoins.

[BeGoods]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.

Nope you know that many things affect the market and the price of bitcoin. even someone's speculation can be influential if followed by many investors. especially the SEC which is a well-known institution and agency in the field of trade. of course the approval from the SEC can make many investors arrive.

[bitbunnny]

To my personal opinion the influence of ETF approval on Bitcoin price is exaggerated. Even if approval happens I don't expect such big impact, at least not at long term. Some price rise might happen but this will be more of an instant character and the range will not be so big.
Also,  why relaying on ETF when we are all aware that this could be delayed indefinetely so don't count on that in making your personal goals and strategy.

[ololajulo]

To some their is high level of confidence on the approval to another it cant happen sooner than 2020. I believe the approval will affect the adoption rate, the important thing about this adoption is the long term effect.

[superstarbtc]

In coming months they are Bitcoin Etf approvals so once we get these approvals we will see a positive bull market for crypto market

[Bezobraznike]

To my personal opinion the influence of ETF approval on Bitcoin price is exaggerated. Even if approval happens I don't expect such big impact, at least not at long term. Some price rise might happen but this will be more of an instant character and the range will not be so big.
Also,  why relaying on ETF when we are all aware that this could be delayed indefinetely so don't count on that in making your personal goals and strategy.

   It really is Bitbunny. People think too much about ETF approval. What ETF can do is to give some legitimacy to Bitcoin, and people will
fell more comfortable to use Bitcoin. For people who already decided to use Bitcoins ETF will not change much. 
   Every marketing is a good marketing, what ever they decide now can be changed next year. It`s just some approval, they will give it a
pass one day.

[Juggy777]

To my personal opinion the influence of ETF approval on Bitcoin price is exaggerated. Even if approval happens I don't expect such big impact, at least not at long term. Some price rise might happen but this will be more of an instant character and the range will not be so big.
Also,  why relaying on ETF when we are all aware that this could be delayed indefinetely so don't count on that in making your personal goals and strategy.

Hey I believe there’s a huge wave of sentiments riding on the approval of Bitcoins Etf, hence if approved I believe it shall have significant impact on the prices. It may not have the same impact like the one we witnessed during December 2017 rally, but it’ll definitely propel prices upwards at least up to 8k. Also it’s pertinent to note that if it was not to be approved we may only see a minor correction in the prices, as the possibilities of it not being approved has already been discounted.

[Vaculin]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

The opposite thing when ETF was disapproved, last year there are a lot of times when ETF was dissaproved a it resulted to a plummets of price.
Therefore I believe that when it's gonna be approved, it will bring significant increase of the price, not only on bitcoin but on the entire market of crypto.

[ipanks]

Maybe it will make the price moves to the higher price. But if once again bitcoin ETF got rejected, maybe it will push the price to get down again. But it doesn't mean bitcoin will end because bitcoin can rise again after the fallen and the price will increase higher. While I watch the bitcoin price moves in the market, I see that the traded is not too fast like before and I think people are waiting for a moment to enter to the market so they can buy bitcoin at a low price.

[jademaxsuy]

There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?

For sure cryptocurrency will get a good market for all its clients or consumers. Bitcoin that has reached its peak market price which is the 19K USD recorded on last 2017, it will be multiplied couple of times depending on the demand for that time if Bitcoin ETF's will be approved. Many user's will become glorious in this if it will going to happen.