[2019-3-3]SEC’s Bitcoin ETF Approval will Boost Crypto Market

[Vladdirescu87]

The entire crypto community is waiting for the approval of Bitcoin exchange-traded funds (ETFs). Since last year, more than 9 ETFs have been rejected by the United States (U.S) Securities and Exchange Commission (SEC).

It is a type of securities which execute the function of a certificate for an exact portfolio of assets. Let’s see why the cryptocurrency investors wait and want them to be adopted by the SEC.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-etf-approval/

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[valta4065]

On one hand ETF approval could trigger a bull run, but on the other hand, if ETF will continue to get declined again and again, this could scare away some big investors and effect negatively on bitcoin price.

[Kakmakr]

We do not know if institutional investors would be willing to risk "Pensioners" money on high risk Bitcoin ETF investments. Yes, some of the institutional money might be channelled to high risk investments to boost the overall portfolio, but they will never go all in with high risk investments like this.

Will we see a small pump in the "announcement" stage.... Yes, but it will deteriorate over time as investors shift money between the different high risk investments in their portfolio. 

[davis196]

We do not know if institutional investors would be willing to risk "Pensioners" money on high risk Bitcoin ETF investments. Yes, some of the institutional money might be channelled to high risk investments to boost the overall portfolio, but they will never go all in with high risk investments like this.

Will we see a small pump in the "announcement" stage.... Yes, but it will deteriorate over time as investors shift money between the different high risk investments in their portfolio. 

"Pensioners" money will never be at risk,because the pension funds diversify their portfolio,so around 5-10% of their financial assets will be high risk(possibly crypto).5% might seem small,but we are talkng about billons of dollars.However,the SEC won't approve bitcoin,because it's still a manipulated market.

[livingfree]

On one hand ETF approval could trigger a bull run, but on the other hand, if ETF will continue to get declined again and again, this could scare away some big investors and effect negatively on bitcoin price.

Last time, we don't even need any ETF that triggered the bull run. It's that the big investors what to invest with lower risk with bitcoin and this is what they have been waiting for.

Bitcoin ETF would really make difference and can trigger the market into its highest once again if it's ever approval arrives. I still doubt that this is going to be ever pursue, it has been proposed many times but who knows what the SEC's thinking...

[Theb]

Count me out if you are talking about the "entire" community waiting for the ETF approval as the sign for the next bull run. The way I see it Bitcoin ETFs are old news that cannot trigger a FOMO anymore in the market, what affected it is the endless extensions and appeal reviews the SEC is doing making the anticipation of the market less interested about the topic. Any movement after the release of good news (if there will be) about Bitcoin ETFs will just be merely coincidental in nature if that happens.

[Lucius]

What a discovery from genius writers of Coinidol, but first they should learn what is ETF, and what is the procedure that bitcoin ETF gets approval. They should also learn the difference between physicall (backed with real coins), and ones that are just based on futures.

There is no doubt that most of users do not know the difference, and they think ETF is next big thing which will pump price to some six figures numbers over night. SEC will delay any approval until they think that bitcoin represents the risk for traders, but also for them - ultimately they are responsible for everything that happens after approval.

[Naida_BR]

The same way that an ETF can increase and boost the cryptocurrency market price it can do the opposite as well.
People do not realize that this goes vice versa. The bull run can be triggered through mass adoption more easier and bring more people to our crypto world rather than an ETF.

[BitHodler]

SEC will delay any approval until they think that bitcoin represents the risk for traders, but also for them - ultimately they are responsible for everything that happens after approval.

Bitcoin tanking from $20k to $3k in no shape or form will ever satisfy the SEC, especially with how there isn't a way to know what the 'real' value is of Bitcoin. It still could go down way harder than most people here think.

If Bitcoin does happen to drop another 50% from where we are right now, the chances of the SEC being even remotely willing to consider an approval will be gone for ever.

They will see it as a bubble that popped and from there maybe end this whole craze for ever. We here know that's not going to happen, but nocoiners don't look at crypto we way we look at it, and I can't even blame them.

[btyco]

There needs to be a catalyst for major price growth and until the halving happens it will be the etf approval. Gold went parabolic when it achieved it's etf, bitcoin will do the same