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Author Topic: When do you think Bitcoin ETF will be approved?  (Read 500 times)
Essential10
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December 21, 2023, 11:24:18 AM
 #21

I think it will be approved within Dec last.
What you guys think?
I heard it will be approved in January. Approval or not, I'm not worried about ETF news. I don't think the ETF approval matter will have any impact on Bitcoin. Many people think ETF will be approved this time. But over the past few years, I have seen dramas being written about Bitcoin ETF, but ultimately the drama is never released. We are now nearing the end of the year and Bitcoin has pumped well. Since there is a Bitcoin halving next year, I think we will see a huge bullrun of Bitcoin without such ETF controversy.

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December 21, 2023, 11:31:41 AM
 #22

no need to guess, you can see through this news the sec will announce about the approval of bitcoin etf on january 10, 2024
https://www.bloomberg.com/news/articles/2023-12-16/the-deadline-for-the-sec-to-decide-on-a-btc-bitcoin-etf-is-jan-10

whether it will be approved or not will probably have an effect on the bitcoin market, because market expectations on approval are high enough that i think it could be a trigger for whether the market will be bullish or bearish next january.

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December 21, 2023, 11:34:20 AM
 #23

I think it will be approved within Dec last.
What you guys think?

As far as I know the Bitcoin ETF will be approved on January 1st or January 10th of the next year 2024.

I heard that one YouTuber was saying that Bitcoin ETF spot approval's last date is the 10th of January so I guess the Bitcoin Spot ETF  will be approved on or before that date and it is not that far away now.
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December 21, 2023, 12:09:18 PM
 #24

The real question should be.. Why is it so important for some people that a Bitcoin ETF be approved? A lot of people believe that it is better for bitcoins to be distributed to more people and not centralized by some rich institutional investors.

We should also accept that most of these institutional investors are just trigger happy speculators and that they will dump large amounts of bitcoins at the earliest sign of trouble in the market. (This cause wild fluctuation in the Bitcoin price and that is not good for Bitcoin as a currency)  Sad

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December 21, 2023, 12:23:25 PM
 #25

I think it will be approved within Dec last.
What you guys think?
No one can say when or what year Bitcoin ETF will be approved. Gary Gensler is the only person who can say a lot about Bitcoin ETF. However, it is unlikely that the Bitcoin ETF will be approved at the end of December this year because there are only 10 days until the end of December this year. It is not possible to get the Bitcoin ETF approved in these ten days, but if it is possible to get the Bitcoin ETF approved in December 2024, it is fine.

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December 21, 2023, 12:47:14 PM
 #26

Experts predicted a very high percentage (something like 90%) of probability that we'll see the SEC approving Bitcoin ETF till the end of this year, but we're pretty much at the end of the year now, and I really don't see it happening in the very few work days that are left. I'm not surprised that everything is still unresolved with approvals because I initially assumed that the SEC doesn't want to grant an approval and is merely buying some more time for the issue to become less relevant to the public. Maybe I'm wrong, and we'll see an approval soon after all, but I expect the SEC to remain vague for as long as they legally can.

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December 21, 2023, 12:56:10 PM
 #27

I think it will be approved within Dec last.
What you guys think?

I keep hearing about 10th of January or before. Personally, I think we will see something in the next 2-3 weeks. Although knowing the efficiency of bureaucracy and how such things are handled, it might take months.

Either way, it does not matter to me since I hodl my Bitcoin. The people who trade back and forth between Bitcoin and Fiat or Bitcoin and altcoins are going to be the ones who lose out most, next to the guys waiting to buy Bitcoin at 30k or those waiting on god to give them a sign to buy Bitcoin at all.

Too many flip-floppers, not enough risk-takers.

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December 21, 2023, 12:57:17 PM
 #28

I think it will be approved within Dec last.
What you guys think?
How I wish it will that time , but aren't we getting tired in expecting this but not coming any
way? why not just let it happen without even assuming when but I wish this will come any time before
halving because of the opportunity seeing the price of bitcoin staying UP while halving is on their way
not like the previous halving season.

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December 21, 2023, 01:00:26 PM
 #29

As i know in crypto events happens when we least expect.
You seems to be new on the forum and that's why you're making multiple posts to reply others. I would suggest you to reply all of the posts by quoting the posts in a single post, that way you will not break any rules.

I believe the Bitcoin ETF can be approved anytime, it may get approved on Christmas or it may get approved in the first 2 weeks of January 2024 but we really don't have to think a lot about that. Our main concern should be that how good impact the approval of ETF will have on the Bitcoin's price as that's a better way to look after the ETFs.

I believe the ETF approval can create a FOMO effect for short-term and we may see pump in the price of Bitcoin when the ETFs get approved by SEC. Whether the ETFs get approved this month, the next month, or during halving event the main concern should be the effect of them on Bitcoin and whole crypto-market. And, I'm quite sure that effect is going to be a positive one.

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December 21, 2023, 01:57:04 PM
 #30

The drama is getting bigger as this event gets closer to the date when the official results must be announced. I have also consulted many different sources, so it will probably be around January when we will know the results of that result. Regardless of the scenario, I think it will benefit everyone in terms of investment opportunities with Bitcoin, but if approved, this will be a big start to the development journey and acceptance of bitcoin in the near future.









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December 21, 2023, 02:10:52 PM
 #31

Tomorrow, though I didn't even care with that.

According to the last two ATH, it happens near end of the year, so I expect maybe in November-December on the next year. Usually news about accepting, adopting, legalizing etc about Bitcoin happen when Bitcoin price is keep rising.

When bear season happens, they would declare Bitcoin is illegal, just like countries who tend to ban and unban Bitcoin.

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December 21, 2023, 02:14:35 PM
 #32

I keep hearing about 10th of January or before. Personally, I think we will see something in the next 2-3 weeks. Although knowing the efficiency of bureaucracy and how such things are handled, it might take months.

Either way, it does not matter to me since I hodl my Bitcoin. The people who trade back and forth between Bitcoin and Fiat or Bitcoin and altcoins are going to be the ones who lose out most, next to the guys waiting to buy Bitcoin at 30k or those waiting on god to give them a sign to buy Bitcoin at all.

Too many flip-floppers, not enough risk-takers.
Its accurate date confirmation about  Bitcoin ETF will be approve? is rumor right I think become good news and bitcoin have good start in new year with ETF approving will make bitcoin raise to higher price. But I don't really expected with bitcoin ETF approval because this rumor have been in long time but until right now not have good progress. Personally many people and bitcoin holder more expected with the progress of bitcoin ETF will approve or not in short time.

If this news right and bitcoin get ETF approval just waiting moment for bitcoin raising to higher price, wish with close end this year have good news bitcoin ETF approval and expected with bitcoin will be more promising price for bitcoin holder.

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December 21, 2023, 02:34:33 PM
 #33

Tomorrow, though I didn't even care with that.

According to the last two ATH, it happens near end of the year, so I expect maybe in November-December on the next year. Usually news about accepting, adopting, legalizing etc about Bitcoin happen when Bitcoin price is keep rising.

When bear season happens, they would declare Bitcoin is illegal, just like countries who tend to ban and unban Bitcoin.
Bitcoin ETFs have been rumored for years, but so far no one has actually been approved. Bitcoin ETF is basically a joke and new news updates every day about its approval but in reality it has not been approved yet. Some said approval in November December but December is almost at the end while Bitcoin ETF approval remains incomplete till now. However, if 2023 is not possible, there is a possibility that Bitcoin ETF will be approved in 2024. But Bitcoin will always be considered valuable to me regardless of whether the Bitcoin ETF is approved or not.

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December 21, 2023, 02:39:45 PM
 #34

I think it will be approved within Dec last.
What you guys think?
No one can say when or what year Bitcoin ETF will be approved. Gary Gensler is the only person who can say a lot about Bitcoin ETF. However, it is unlikely that the Bitcoin ETF will be approved at the end of December this year because there are only 10 days until the end of December this year. It is not possible to get the Bitcoin ETF approved in these ten days, but if it is possible to get the Bitcoin ETF approved in December 2024, it is fine.
Maybe next year, a Bitcoin ETF will be approved, or even 2 years before it will be approved. But there is no need to think about it because the most important thing is to prepare ourselves for the events before and after the halving occurs.
Bitcoin ETF approval may be accelerated if market conditions perform better than now. After all, we see that a Bitcoin ETF will eventually be approved, although we don't know when that will happen.
We can only wait for it and don't need to be too serious about waiting. We'd return to our previous focus on collecting bitcoins before the price really increases.

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December 21, 2023, 02:51:08 PM
 #35

Strong rumours suggest some time between January 5th & January 11th 2024. It’s also rumoured that they will approve a raft of them at one time, so the SEC isn’t accused of picking winners, facing more legal threats etc. We’ve been waiting for Spot ETF approvals for many years. It seems like the SEC is running out of room & excuses to reject them now. Institutional interest is powerful & they are backed into a corner. I hope it is very soon as it will bring a wave of new capital.

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December 21, 2023, 03:05:38 PM
 #36

Rumors are circulating that it will be approved before Jan 10th or so. I don’t think it will be approved in December unless it’s actually approved tomorrow, I don’t even think it would get approved on a Friday because it’s right before the holidays.

And usually nothing gets done between the week of Christmas and New Years. Markets are flat, because people are with family.

So if it doesn’t get approved tomorrow then most likely Jan 10Th or so.

I saw a video on YouTube where an influencer said that Blackrock might have been approved, but it's just a rumor; there's no certainty yet. I don't seem to see Blackrock reacting to this. The rumors about Blackrock could be true.

And there are also many who are hoping that Blackrock will actually be approved in the ETF, and when that is confirmed, it will be very good news for those of us who have Bitcoin holdings, to be honest. I'm also expecting Blackrock to be approved.

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December 21, 2023, 05:13:09 PM
 #37

I have read some articles and everything indicates that the Bitcoin ETF can be approved this 2024 from January, then this can make a difference in everything, when we generate opinions there are many controversy that can occur, therefore when we are seeing these things In a simple way it can be said that the approvals will come by themselves, one by one and that will make a great Revelation of the price, and for that reason it is that we can generate better events for the market from a bullish point of view.

Of course this is what some ETFs can do, if I consider that an ETF is necessary, they are all necessary, but to give the greatest confidence in the world, credibility for economists who are class something against bitcoin is How can they do things better, that's why the price increase and that's why we must wait, everything has already been done for it to happen, all that remains is that, the approval of in 2024.

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December 21, 2023, 06:03:42 PM
 #38

I do not think within the next 10 days, the SEC will approve a Bitcoin ETF. Holiday season has already started and would continue till the first week of January next year. A lot of speculated news are being circulated, but they are only speculation. If I am correct, only 113 days left for the next halving, so if there is any positive news it will come after halving. That will surely help the market, and we can expect the start of a bull run after it.
this year they will most likely not approve, there are rumors about the date of January 10.I think there will still be more attention on the future halving for the community; it will be a more significant event for which everyone is preparing in advance.The general trend in spring should be impressionable, there is no doubt about it.

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December 21, 2023, 07:13:08 PM
 #39

I think it will be approved within Dec last.
What you guys think?
Nah, do not just guess things while you have the data available on the internet, it is not just that has been kept hidden from the public everything is public for all of us. For your easiness, let me tell you, the first deadline for ETF is 10th January of 2024. This means if that ETF will be accepted then all other ETFs will also be accepted because there remains no point in rejecting others if the first will be accepted.

But if the first ETF is rejected then the chance for other ETFs will be decreased. but most of the analysts are saying the ETFs will be approved so if approved then it will happen in January not in December.

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December 21, 2023, 07:27:58 PM
 #40

Who cares? I literally don't and I want you also not to care about the ETFs when you can simply own the Bitcoin by buying from someone via P2P or Exchanges.
ETFs are for the crackheads who are from outside the Blockchain or Technology world and are willing to buy a piece of Bitcoin just because it goes high as compared to their traditional stocks.
F ETFs.
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