Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this. Will ETF approval affect gambling industry especially the crypto gambling industry?
No doubt the EFT approval will create an impact in the crypto gambling industries but I believe it will create both positive and negative impact because the ETF seems to be an act of semi centralization of crypto currency which was the reason why it take the SEC long to approve it because every necessary procedure are to be follow.
Lets just hope the negative impact wont be much.
What kind of impact would that be if ETF would get an approval?
If you mean to say is the price of Bitcoin, I don't think there is something that ETF would do to make a change of the price of any cryptocurrencies.
SEC will do the right thing that's why they have to delay or reject any proposal if the requirement doesn't meet.