The bitcoin ETF and the sec issue has really affected the price of bitcoin on the crypto market. I believe this has contributed negatively to affect how new investors would have wished to join the world of cryptocurrency.
Issues regarding Bitcoin ETF and the SEC has not contributed to the crash we experienced recently, these issues did not crash Bitcoin price from it support zone. The recent crash was as a result of Bitcoin cash hash-rate which totally brought down the price to were we are. Bitcoin ETF will be approved but may not be as quick as we the community needs it, so, lets give hope that in the nearest future Bitcoin ETF will be approve for good.