Worse thing is to argue about "sure" by manners about subject u got no idea.
ETF FUTURES and Spot ETF are different things.
It does not matter. Anyone who wants to have exposure to bitcoin price movements have planty of ways of doing that. One more option wont change anything.
Etf futures gives good volatility price swings up and down up and down.
Spot etf is whole different story.
Both price is based on underlying asset. So both have the same price action "swings up and down up and down". The only difference is that one of them is backed by real bitcoin which gives you adventage when you expect market to do extreme stuff that will crash futures market (black swan event) but isn't hack on ETF provider even more possible? ... and you expect volatlility to go down don't you?
And as far as I know microstrategy owns real bitcoin ... not bitcoin futures. How dare they buy it without approved ETF?
Retail investors use spot crypto exchanges for last 12 years
Institutional investors buys without approved ETF
even a country (Salvador) officially buys bitcoin ... without approved ETF
So who needs approved ETF to buy bitcoin? it's not groundbreaking event. It's just another option.
Everything will be roled out at the right time clearly we see that world richest people want to secure their wealth by owning crypto and btc everything else will collapse.
Why else they want to approve spot etf for btc
BTC EFt is a topic that is with us for at least 5 years. FED is continously saing no to anyone who asks .. but after months of "investigation". If "world richest people want to secure their wealth by owning crypto and btc everything else will collapse. Why else they want to approve spot etf for btc " would be true ... than BTC etfs would be approved 5 years ago so that whales could buy at 1000$ instead of 30 000$.