Jamboo30
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Activity: 378
Merit: 10
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October 27, 2018, 04:56:05 PM |
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I hope the ETF will be approval by the SEC in the near future. If that happens, I believe the market will recover faster, the market cap can reach 1000 billion in a short time when the amount of capital from the stock will move to crypto. Although the SEC has a lot of difficulties in this regard, it is clear that Crypto has been a general trend for development and the SEC needs to look to the future. Hope so  |
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Coin-1
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Activity: 2422
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October 27, 2018, 04:59:12 PM |
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I have read this article. To be honest, I do not trust to the "anonymous sources" mentioned by its author.
As far as I know, in September 2018 the SEC published the reasons why they rejected the application for the VanEck SolidX ETF. There are still no significant changes in the crypto currency world, so I do not expect the SEC to approve Bitcoin ETF in the near future. Maybe circumstances will be better in the third quarter of 2019.
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Om.monata
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October 27, 2018, 05:04:10 PM |
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it is still something that cannot be predicted accurately, I have not seen ETFs to be approved, but many people see that they have agreed from various sources. this can be used as a confusing option. the best way we can see and supervise ETF news stories every day. |
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mustafayasinsenturk
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October 27, 2018, 05:08:12 PM |
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It's on November 5th.Negotiations in November increase the probability of approval. If he gets approval, the bull season starts officially.
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braves182
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Activity: 476
Merit: 100
The BISTOX exchange - OWN WHAT YOU TRADE
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October 27, 2018, 05:08:29 PM |
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It doesn't matter when ETFs are approved, the main thing is that it will happen. Although now many crypto enthusiasts believe that this is not the best idea. But I think this is inevitable , as the popularity of bitcoin and other cryptocurrencies increases, the number of speculative instruments will increase. This is just the beginning.
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Asmh85
Jr. Member
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Activity: 182
Merit: 2
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October 27, 2018, 05:12:24 PM |
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It becomes a destiny , every year we will wait for SEC approval which we are all believe that it will never emerge out.they already made their minds.
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pageraji
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October 27, 2018, 05:30:22 PM |
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It's on November 5th.Negotiations in November increase the probability of approval. If he gets approval, the bull season starts officially.
why SEC delay again, its look like manipulation on the news, since september to october and now 5th november, i hope bullrun coming next week. |
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harley.kitty
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Activity: 206
Merit: 11
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October 27, 2018, 05:39:38 PM |
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Bitcoin does require positive sentiment to raise prices. Technical analysts sometimes miss a lot of the expected predictions, and we really need strong fundamentals so that people believe in Bitcoin to make a positive trend and automatically the price of Bitcoin will rise.
If we look at the current price, I think everyone is waiting for the ETF's decision, if the acceptance occurs in 2018 then I think Bullrun will happen even though it's not like the end of 2017. But if the ETF decision is postponed until 2019, there will be a price decline until the end of the year.
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HellDiverUK
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October 27, 2018, 05:43:28 PM |
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I have read the news that the ETF's decision has been postponed again until 5th November , but I'm glad this news has no effect on the price of bitcoin, maybe traders are allready bored with this kind of resignation.
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Subchanallah
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Activity: 406
Merit: 10
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October 27, 2018, 05:47:13 PM |
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Bitcoin entrepreneur Alan Silbert meanwhile reacted on Twitter to new data showing the current pace at which new custodial solutions for institutional investors are springing up. Silbert’s forecast of 1-2 years for improving institutional onboarding may now need to be revised  |
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miyaka26
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October 27, 2018, 06:00:59 PM |
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Those sources have been announcing the imminent ETF approval for some months. If they keep insisting for some more months, in some moment they will end up being right.
I thought how many months have they announcing for some imminent approval for ETF, tons of articles are insisting that kind of vibe to its readers they just raising hopes to people without a strong source of evidence that it will approve just don't raise your expectation to this one Op most especially if they keep on delaying and rejecting requests over and over again, they should have done that from the beginning. |
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MikeyVeez
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October 27, 2018, 06:06:52 PM |
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There is high possibility that Bitcoin ETFs will be approved next year. Because why not?
The last time, when SEC delayed approval of ETFs, SEC commissioner Hester Pierce said that her colleagues in this matter had exceeded their powers and threatened to protect investors. And that is very important to see, that we have one person on our side!
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xuv500
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Activity: 406
Merit: 11
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October 27, 2018, 06:15:46 PM |
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It's on November 5th.Negotiations in November increase the probability of approval. If he gets approval, the bull season starts officially.
Lets wait and see how it goes yes there are lot of news going about this. Only a bull run start will fix the maximum issue to avoid the bear market. I am saddened after checking the CMC everyday. |
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marseille
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October 27, 2018, 07:00:58 PM |
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All the time delay this decision. it is very difficult to say approve or not. maybe this commission will not be needed.
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Aroredus1
Newbie
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Activity: 3
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October 29, 2018, 07:55:21 PM |
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It is still hard to ascertain the approximate date for ETF's approval. It took a lot of time to approve physical items/minerals so it is expected to take some time. The sooner the better.
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Hiranidd09
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October 29, 2018, 07:55:37 PM |
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Well I think ETF approval is imminent whether it be this year or next or even in the near future. And we will be able to see a price surge due to it and may even see a bull run, who knows! Lets hope for the best.
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Droreric02
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October 29, 2018, 07:56:02 PM |
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ETF will surely get approval. It does not matter whether it will be in 2019 or not but the approval will come.
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Brayclya099
Newbie
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October 29, 2018, 07:56:20 PM |
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To be honest, this is a serious issue that any goverment can just look down. And any approval of such degree requires rigorous background checking and shaping the policy around it. So, let's just be patient for it will come.
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active706
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October 29, 2018, 08:15:01 PM |
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To be honest, this is a serious issue that any goverment can just look down. And any approval of such degree requires rigorous background checking and shaping the policy around it. So, let's just be patient for it will come.
Yes, I agree with you. It is slowly process and we don`t know when we get results. Just wait and support crypto by investments. |
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NakiRR
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Activity: 574
Merit: 12
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October 29, 2018, 08:41:07 PM |
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honestly i don't care about ETF and don't think that it will affect on whole market very positively, the same is about Bakkt.
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