Another ETF's Ticker got Listed on DTCC

[KiaKia]

I have sometime to say about this ETF thing, if you believe that the market is recovery because of ETF rumour you don't know what you are saying, I've been hearing about ETF since 2016 and they never approved it, yet Bitcoin made a new ATH in 2017.

If none ETF get approved Bitcoin will still do it's thing, a new all time high will still happen, avoid digesting their lies, they are using the ETF to trap people, now many people will believe that Bitcoin will reach 250,000, as possible this is, it's also impossible, because no one knows what its going to be the next top for Bitcoin.

Right now its better to plan how you will take your profit, many people will be trapped holding their Bitcoin with the hope that a new all time high will come and they will ride down with the dump again, the media and news is lying to all of you, I hope you get smart.

[Texac]

I have sometime to say about this ETF thing, if you believe that the market is recovery because of ETF rumour you don't know what you are saying, I've been hearing about ETF since 2016 and they never approved it, yet Bitcoin made a new ATH in 2017.

If none ETF get approved Bitcoin will still do it's thing, a new all time high will still happen, avoid digesting their lies, they are using the ETF to trap people, now many people will believe that Bitcoin will reach 250,000, as possible this is, it's also impossible, because no one knows what its going to be the next top for Bitcoin.

Right now its better to plan how you will take your profit, many people will be trapped holding their Bitcoin with the hope that a new all time high will come and they will ride down with the dump again, the media and news is lying to all of you, I hope you get smart.

I agree with you that bitcoin doesn't need an ETF to grow and reach a new ATH, but I believe what's happening is related to the ETF news.  Bitcoin is also a financial market and it is also affected by positive and negative news both macro and micro.  Bitcoin has never been able to dump itself or grow on its own without accompanying news.  ETFs are no longer strange to bitcoin investors, but have you ever seen news about ETF approvals as noisy as they are today?  no, that has never happened before. 
Bitcoin could even increase in price due to news from Elon and Tesla in 2021, and the ETF news is many times bigger, there is no reason to say it does not affect bitcoin.

[Faisal2202]

Price has been on the uptrend and we can assume that it has been due to the recent and working ETF craze, back when this happened a few years back this was not prominent because the idea did not go into realization.

I did not have a good knowledge of previous ETF proposals, but your comment made me search for them, and there have been many proposals since now, and the first one was in 2013. You are right, this time the idea came to realization and got into the hype, which will attract the investors when they got approved, but till then they were manipulating news channels and saying things in favor of BTC to manipulate its price artificially. Like they did, the fake news on Cointelegraph, the fake listing, and then the delisting of BTC Ticker on the DTCC website These are all tricks.

But I am glad they are considering ETFs now and have not rejected it abruptly. I think that's because back then there was not so much exposure of BTC to investors and there was less hype of BTC too, but now the exposure to investors has increased, so maybe that's because they are considering it now. And back then, there were fewer tools, fewer exchanges, fewer trusted sites, etc. But now they have tools and sites too, but yeah, new threats are also there.

This is a pointer that we might have multiple ETF approvals soon. Even though many people will see this from the angle of market manipulation, I don't see it that way and I feel this is not mere coincidence... there should be something going on behind the scene.

Something is always cooking behind the scenes. For now, we should really focus on accumulating BTC as much as we can, but for what? The purpose should be in mind too. Some people are new in the crypto field, and they become so enthusiastic about BTC that they start to accumulate it abruptly without having a plan, but those money makers (whales and big investors) book a profit occasionally and take entry again.

[Iranus]

This is a pointer that we might have multiple ETF approvals soon. Even though many people will see this from the angle of market manipulation, I don't see it that way and I feel this is not mere coincidence... there should be something going on behind the scene.

Something is always cooking behind the scenes. For now, we should really focus on accumulating BTC as much as we can, but for what? The purpose should be in mind too. Some people are new in the crypto field, and they become so enthusiastic about BTC that they start to accumulate it abruptly without having a plan, but those money makers (whales and big investors) book a profit occasionally and take entry again.

Those who still do not believe that this market is not manipulated are quite naive and stubborn. Any financial market can be manipulated, and manipulation is greater in a small, unmanaged, and unregulated market. Bitcoin is such a market, small, unregulated, and manipulation is happening every day, not just ETF-related news.

But I agree with you, no matter what is happening in the market, our job is to focus on accumulating as much bitcoin as possible. Because sooner or later the bull season will still come even without ETFs.

[Faisal2202]

though not a sign of actual sec acceptance. the entire speculative market are seeing that serious candidates are interested in/trying to get bitcoin exposure and its not a simple currency for nerds and technofans. (many novice investors thought its just for computer nerds)

adding more institutions to the list of possible lineup of an accepted application makes the chance of ANY ETF happening more promising

You are right, traditional investors thought of it as some computer shit or program (Phishing one) that can not make their money but I wondered what must have changed their point of view now. I mean, as far as I know, there is no current development at the technical level amid the fact that the US is giving importance to BTC but trying hard to stop people from using its decentralized feature. That's why they are coming up with policies to force the usage (investment) of BTC by centralized means (ETFs, CEXs etc.)

Your point might be used to explain why these ETFs were not accepted back in time because there was less exposure of BTC to huge investors.

In any case, it does not seem to have affected the price much, which has fallen by 0.7% in the last 24 hours, within normal volatility, even low for bitcoin. I believe that ETF approvals are already discounted in many cases by the market, and what will happen with the news of the effective approval is that many large investors will fleece retail investors who will buy for FOMO and sell in the fall.

Actually, this Invesco company is so small in compared to the Black Rock, to understand it, compare their market cap with each other. M.cap of BR is 95.20 billion USD and M.cap of Invesco is 6.07 billion USD. Besides that, all eyes are on Black Rock while I don't think you would have heard the name of Invesco before in the case of BTC ETF proposals. This might be your first time. Hype creates with big factors and this one is small so, that's why we are no seeing such big impact as we have seen the first time.

[lombok]

Symbolically, DTCC is ready if ETFs will soon be legalized and passed. Although there are still two possibilities, namely rejection or approval. In my opinion, ETF is also important for BTC, this will increase BTC's market cap, so many investors will enter BTC. However, what I regret is the manipulation that occurred yesterday regarding the ETF from Blackrock by Cointelegraph which made the market volatile and resulted in several investors or someone experiencing losses.