SEC Bitcoin ETF Decision - Yea or Nay?

[suzanne5223]

Still people talking about this?
I was thinking no one cares anymore.


I don't believe it is going to be approved in the next months, or years. I would rather bet on XRP or BCH to get this approval 

first Bitcoin ETF must appear in mid 2019 so it's a waste of time to wait the approval in 2018. and this means that the price of bitcoin will not grow fast.

Did I miss something? Who or where do you know from that anytime 2019 there MUST  be approved a Bitcoin ETF? Do I read the wrong news:
https://cryptodaily.co.uk/2018/11/why-we-might-be-waiting-a-while-for-the-bitcoin-etf/

You definitely don't read the wrong news but we both know that the government are corny and they know how to do things for their own selfish reason. I personally don't see bitcoin ETF approve this year or reach mid of next year.

[1714127005]

1714127005

[BitcoinGuruOne]

I am mistified in this matter, a motnh ago I red that 26 of October is the last date of several proposals but recenlty - 5th Novemeber.
in anycase havent seen any big news on the matter , it seems that market does not care and thats a good thing.

I personally dont see this happening any time soon, SEC resaons for rejctions were clear."

[ecnalubma]

I don't make sense even if they disapprove it always, they can't influence the market by their decisions and why should we always focused on US SEC decisions even though crypto is globally traded 24/7? just my opinion.

[kelz1]

Have to hand it to the winklevoss twins for their perseverance, that is why they are millionaires and most of us are not. It will get approved one day, when the price stabilises with less pump and dump we will get it

[Thanasis]

I don't make sense even if they disapprove it always, they can't influence the market by their decisions and why should we always focused on US SEC decisions even though crypto is globally traded 24/7? just my opinion.

Its just a strategy to manipulate us by saying the ETF approval again and again,but it doesn't going to make any advantage for the bitcoin for its usage,if ETF gets approved it will make the bitcoin to be considered only as an asset and it can be only found in the hands of rich people.

[cokroalif]

There are still many obstacles on the road before the ETF can be officially approved, plus an ETF proposal made last year by Winklevoss (from Gemini's crypto exchange) and then rejected on the grounds that Bitcoin is too easy to change.

However, based on changes in sentiment by the SEC, experts indicated that we could see ETF approval on August 15. If the initial market reaction is any indicator, now might be a good time to start buying more Bitcoin and Altcoin while the price is still relatively cheap.

[TravelMug]

Nay. SEC has been toying with us since the first Winklevoss rejection in 2017 and have been denying 8 or 9 applications ever since so I don't think the Van Eck / Solid X will have a different result.

They are just prolonging their decision, but at the end they will still rejected it. So don't put too much hope on it so that you won't be disappointed in the end.

The market is very volatile and risky and there are lots of un-named whales that can manipulate the price, maybe those are the reasons we won't see any ETF's in the future.

[bettercrypto]

I think this time around, SEC will approve bitcoin ETF this year. My reason is, the year 2018 had brought the price of bitcoin to go down. Some bitcoin holders panic and skld their bitcoin. However, huge investors took advantage by buying instead. Now that they have more bitcoin, the SEC can now approve the Bitcoin ETF.

[blackhawkeye1912]

SEC are just playing us around since last year by giving us false hope about the approval of bitcoin ETF. That is why it once considered trigger the sharp fall. SEC will not approve ETF.

[incomefromcoins]

Sec is showing positive attitude towards cryptocurrencies and this coming etf decisions may turn positive and market may see bull rally thereafter

[Herbert2020]

SEC are just playing us around since last year by giving us false hope about the approval of bitcoin ETF. That is why it once considered trigger the sharp fall. SEC will not approve ETF.

SEC did no such thing, you gave yourself false hope on your own!
in fact their stance has been pretty clear in my opinion and if you read some of their statements after they reject each ETF you can see that their reasons have not changed at all which means they will continue to reject ETFs in the future too. the difference is that each time a bunch of people get hyped up for no reason
although that is almost over now and there is nobody left to be hyped up anymore which is why we no longer see any drop when they reject them.

[MFahad]

Only one has the potential to be accepted from the SEC but I don't think it will happen so soon. The market needs a lot more stability and sanitizing before we can see a "light of hope".

I think SEC has already delayed the decision before also and now there is no option left for them to delay it again. The only option here for SEC is that they approve bitcoin ETF. Also they have no reason to disapprove it as if they were to disapprove, they could have done it before and there was no need for them to keep waiting .

[imstillthebest]

I think SEC has already delayed the decision before also and now there is no option left for them to delay it again. The only option here for SEC is that they approve bitcoin ETF. Also they have no reason to disapprove it as if they were to disapprove, they could have done it before and there was no need for them to keep waiting .

there reason why they delayed it is maybe because they arent yet ready and this year we dont know if they will still delayed it or not but  delaying is more better than rejecting , am i right?  lets wait and hope for the better   .    

The market needs a lot more stability and sanitizing before we can see a "light of hope".

i guess that is impossible to happen . as far as i know , cryptos were built to be volatile and bitcoin is a verry unstable coin of them all  but even with this state i guess sec's etf decision will still be yes  because bitcoin isnt already new in this payment industry and many reputable companies are already accepting it  .

[CoinClarity]

I've reset the poll for the new year... The whole situation seems pretty iffy. As in, "if" the SEC eventually approves a Bitcoin ETF, it may not be for another few years...

[tytanhamon04]

I've reset the poll for the new year... The whole situation seems pretty iffy. As in, "if" the SEC eventually approves a Bitcoin ETF, it may not be for another few years...

Hello, but I heard that the SEC will make a final decision on the ETF next month. Or is there new information ?)