marycrazy08 (OP)
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May 06, 2019, 12:30:15 AM |
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Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
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gentlemand
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It won't happen, if ever, for a long, long, long time.
Some people think they're being nasty by not approving one. Why would they approve anything with the slightest risk of not being able to do the job they're tasked with? The power they have to create them only exists alongside the ability to police them. If they can't do that, they won't rubber stamp it.
Exchanges in general are getting less cowboyish, but they're in more and more countries.
I expect by the time an ETF ever is approved it will have been long superseded by a bunch of other products that will have routed around the restrictions they throw up.
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Kemarit
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May 06, 2019, 12:40:02 AM |
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Erickan
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May 06, 2019, 01:35:02 AM |
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ETF helps big investors, companies go into the crypto market. Simply stated, ETF is the attraction of resources for bitcoin from big investors. The bitcoin ETF in particular represents government approval with bitcoin. Then we will have clearer rules for bitcoin. But that is just in theory, whether bitcoin ETF will help the crypto market grow, no one is sure.
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richminded
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May 06, 2019, 02:05:29 AM |
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Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
There are many ETF's approved by some government but the most anticipated one are the SEC approval of US on the ETF proposal. Yes, its been a year since the hype for this kind of development yet there are still no final decision from the SEC of US, it is still pending and there might be another extension forever. US SEC decision will matter in this market, I hope they will approved it as soon as possible because it can make a new peak in the market price.
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Yakamoto
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May 06, 2019, 02:13:47 AM |
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Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
I don't think that there's going to be much coming out of the ETF claims considering how long it's been since they started talking about it. I personally wouldn't be investing in any crypto ETF either, though, since it relies entirely on a very volatile market that would just get worse between futures and current options. Not to mention the fact that there'll be some massive crypto market manipulation once institutional investors get involved. That and I don't think the idea ever got approved for real, which means that it's dead in the water until the FTC or whoever allows it to proliferate. I seriously doubt they're going to whip out an ETF anytime soon.
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Yaunfitda
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May 06, 2019, 02:16:19 AM |
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I agree that this community have lost it's trust on any bitcoin ETF approval. We have seen what like 10 already being denied so I doubt that we will see any approval in the next coming years.
Remember that one concern of SEC is that the market is prone to manipulation and up to this day this 'issue' is still here so definitely no approval for us.
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mk4
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May 06, 2019, 02:21:51 AM |
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It will happen I think. It's really just a matter of when. It could take decades before one gets accepted, but it's going to happen. What are your thoughts on this?
An ETF is definitely not necessary and we can definitely live and make bitcoin move forward without it. Though, having a bitcoin ETF definitely helps bitcoin in terms of liquidity, and I think bitcoin would find it's sort of "stable price" a lot sooner with ETFs around.
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Ailmand
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May 06, 2019, 03:16:16 AM |
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I've been hearing and reading nrws about bitcoin ETF since last year, and it had been denied since then. So, I doubt if ever it will happen soon, or if it will ever happen. I think even without it, the growth of bitcoin is inevitable as it improves and continues to more convenient and fit for everyone to be used in a daily basis.
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pooya87
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May 06, 2019, 03:48:59 AM |
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in US (with SEC) it won't happen for many years and we have not seen any reason indicating them wanting to change their mind about it. in other countries however it has already happened and we already have a handful of ETFs in place.
it doesn't do anything to bitcoin or change anything about it though! you shouldn't even care about things that aren't actual adoption of bitcoin itself. ETF is a workaround to get something else instead of bitcoin linked to bitcoin! you should only care about things that mean people buy actual bitcoin and use it.
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Johnzky
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May 06, 2019, 04:10:52 AM |
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Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
Lol it's been herr for Years and still nothing positive happening to the crypto and all are just failure and waste of time for expectorant Honesty for me?this will never to happen that ETF will gather truthful adoption
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AndreyVen
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May 06, 2019, 04:13:45 AM |
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It will happen, just not at the moment you'd expect it to. Also, you can already buy bitcoins via various exchange traded funds. Grayscale has some products.
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Jating
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May 06, 2019, 04:22:58 AM |
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The thing with bitcoin ETF is that investors are thinking that if it is approved more money will flow to the market that will push the price to new heights and get to ATH.
But the SEC is too wise not to give in to the demand because they really don't know what will going to happen if they give it a go signal and they don't want to blame if an imminent crash should happen resulting to investors losing big money in the market.
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rahmatullah9305
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May 06, 2019, 05:52:13 AM |
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While it is not evident why the SEC has postponed its decision on the matter of ETFs, the agency has previously stated that its main goal is to examine any possible issues with investors’ protection. Thus, speculations range from that the agency is taking its time to reach a well-researched conclusion, to that the SEC is following an agenda to minimize cryptocurrency adoption through denying cryptocurrency ETFs and therefore limiting the opportunities for institutional market forces to invest in the sector.
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jseverson
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May 06, 2019, 06:02:57 AM |
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Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
Lol it's been herr for Years and still nothing positive happening to the crypto and all are just failure and waste of time for expectorant There hasn't actually been a true Bitcoin ETF yet, which is why people think this is a big deal. There's an ETN, an investment trust, but not a single ETF. I'm fairly sure this is true outside the USA as well, but I could be wrong. But the SEC is too wise not to give in to the demand because they really don't know what will going to happen if they give it a go signal and they don't want to blame if an imminent crash should happen resulting to investors losing big money in the market.
They actually may have a fairly good idea what will happen; it could get manipulated and they won't be able to do a thing.
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Becky666
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May 06, 2019, 06:39:52 AM |
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It won't happen, if ever, for a long, long, long time.
Some people think they're being nasty by not approving one. Why would they approve anything with the slightest risk of not being able to do the job they're tasked with? The power they have to create them only exists alongside the ability to police them. If they can't do that, they won't rubber stamp it.
Exchanges in general are getting less cowboyish, but they're in more and more countries.
I expect by the time an ETF ever is approved it will have been long superseded by a bunch of other products that will have routed around the restrictions they throw up.
For them to rubber stamp any ETF just because of they be induce to do that will backfire, possibility of them having approving one will be as a result of them setting or putting in place the tools to handle it. If any of the ETF be approve, the ability to maintain the policy should equally be there to avoid crises.
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traderethereum
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May 06, 2019, 06:41:55 AM |
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I don't think much about ETF, and I will let it happen because that is out of my thought. I don't want to think about ETF which is not accepted or deny so far. Maybe you should let it happen with what the governments want, and as long as we could use cryptocurrency especially bitcoin, then we don't have to feel bothered with ETF or another thing. You have your time to do many things rather than to just thinking about ETF, and besides that, there will be a very long time to wait to see ETF will be approved or denied.
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Haunebu
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May 06, 2019, 06:57:19 AM |
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While it is not evident why the SEC has postponed its decision on the matter of ETFs, the agency has previously stated that its main goal is to examine any possible issues with investors’ protection. Thus, speculations range from that the agency is taking its time to reach a well-researched conclusion, to that the SEC is following an agenda to minimize cryptocurrency adoption through denying cryptocurrency ETFs and therefore limiting the opportunities for institutional market forces to invest in the sector.
Isn't it obvious? SEC wants to regulate the crypto market in whatever manner possible and approving an ETF would make their job a whole lot harder with many institutional investors entering this market. They will only approve an ETF if regulation is not a problem and if they stand to profit from it most likely.
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Kakmakr
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May 06, 2019, 07:20:41 AM |
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Do not get too exited about institutional capital flowing into Bitcoin, because these big boys can ruin this experiment for all of us. They have access to massive amounts of assets and they can cause huge fluctuations in the Bitcoin price, with a drop of a Dime. They are also more jittery when it comes to risky investments, because they are using retirement funds. <So with the smallest sign of trouble and FUD being distributed, they will be trigger happy and dump large amounts of coins with a drop of a hat. The SEC will also be careful not to approve something that they cannot manipulate and control and as we know Bitcoin is a global commodity that are not only bought and sold in regulated markets.
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dothebeats
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May 06, 2019, 01:23:01 PM |
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This is not an entirely welcome change but a passable one, although a lot of us here are surely eyeing ETFs for quite some time now due to the price bumps it could potentially give for bitcoin. With the rise of ETFs and talks of institutional participation in the market, I fell that the cryptomarket will be a highly-regulated space and would hopefully lessen scammers and ill-doers in the field, making it more friendly to traders and newcomers alike. I don't have high hopes for ETFs, but it seems that they are here to stay.
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