September 30 will be the next consideration of the issue of taking bitcoin-ETF. How can ETF deviation affect the market? And how can the adoption of ETF affect?
The most important question we should ask is, do we really believe it will be accepted ? No.
If you and I do not believe it will be accepted, than market do not believe that neither. If market doesn't believe it will be accepted than don't you think they already decided on what they think about it and it is already inflicted on the price ?
I think whatever the price is right now means what we already know, it won't be accepted. Hence, when SEC decides that it doesn't want to accept it than it means nothing will happen because we already knew that and already inflicted that on the price.