What if Bitcoin ETF is not Approved

[Helena Yu]

It means I have a good time to accumulate Bitcoin because there's will be a short dump if SEC isn't approving ETFs, now what we need to discuss? even SEC approving ETFs and it makes Bitcoin price suddenly rise, I won't sell my Bitcoin since I'm looking for long term holding.

[Richbased]

Though we are very hopeful that the spot Bitcoin ETF will be approved in the early stage of this year but should it not be approved then definitely, the price of Bitcoin will surely dip thereby giving some long term Bitcoin investors another edge to buy and hodl at a more lesser price after which the price will still skyrocket as a result of massive investors buying and Hodling at a cheaper rate so it's just a matter of time as patience is what is required before a favourable result can be ascertained.

Moreover, Bitcoin have stood the test of time without spot ETF approval considering when it was introduced till this time so if it's been disapproved, then the only investors that will be afraid is new investors that haven't hodl for a long time or just want to hodl for a short while as they might try to sell off their coins because of fear of a dip, while it will be a welcome development for long time investors to still continue to accumulate in a more considerate price.
So definitely with time the price is still gonna skyrocket because of high quest to acquire more Bitcoin by long term investors and some investors that have been waiting for a dip before they accumulate.

[DaNNy001]

Hopefully it won’t get approved. Institutionalized bitcoin will be useless to the masses. It will be censored and fully KYC’ed which is no different than the CBDC’s. Bitcoin should be censorship-free and provide some privacy. If these features are removed from btc, it will be just another government currency. I don’t care about the price. You can’t name a price for freedom.

It's reassuring to know I'm not the only one feeling this way.  Bollocks to the Wall Street and Hedge Fund crowd.  They don't matter.

Most of the hype is from people who care more about their fiat profits from trading than they do about the long-term future of Bitcoin.  I don't care in the slightest if they end up disappointed if the SEC end up doing the same thing they've done before and reject everything at the last minute.

Yeah that's true, because this rejection is something that has been going on since I don't why if the sec rejects this time own any difference will be made. So many people are tied down to the opinion that the sec must approve the ETF if not something going happens but am surprised because even without the sec approval of the ETF Bitcoin has been growing and reaching new height so my expectations to this approval is way down to the minimal and it's not gonna make me sell off coins that I hodl although many new and anxious HODLers will think different in respect of this sec and ETF approval saga.

[Bureau]

Doesn't matter if ETF or any ETF's gets approved. The reason being these ETFs were applied was to utilize the potential store value of Bitcoin. These financial institution will keep on applying as they know the potential  earnings an ETF of Bitcoin will generate. Considering that it is the government that wants cash on the revenue of Bitcoin ETF. I feel one of them would get approved.

[Shishir99]

Doesn't matter if ETF or any ETF's gets approved. The reason being these ETFs were applied was to utilize the potential store value of Bitcoin. These financial institution will keep on applying as they know the potential  earnings an ETF of Bitcoin will generate. Considering that it is the government that wants cash on the revenue of Bitcoin ETF. I feel one of them would get approved.

Did you notice the recent movement we had in the market just because some media spread the info that the SEC is going to reject all the ETF proposals? Bitcoin lost $5K value in an hour and altcoins were bleeding at that time. I am glad that Bitcoin has recovered very quickly and alts also recovered. So, you cannot deny that the news has a big influence on the market.

If the real news coms out today or tomorrow, we might see another big dump or a big pump on the market depending on if it's positive news or a negative news. Bitcoin will recover, but nobody knows how many days it could take to recover from such dump.

[BabyBandit]

Fuck Bitcoin ETF.

[danadc]

It is true that many people bought more bitcoins because they heard the news about ETF, so many people placed high expectations on this ETF and if it is not approved, I see the price dropping below $30,000, but after April the price will start recovering, this is because historically whenever there is a Bitcoin halving in the following months the price rises a lot, sometimes as it approaches the day of the halving the price has recovered, only to increase a lot after the halving, which is why even if the ETF does not is approved and the price drops a lot, yet in the coming months we will see a large price increase.

This issue about the bitcoin ETF is starting to reach a very scary level in terms of predictions and thanks to this the price has fallen a lot and then recovered, for example what happened a few days ago when a certain company said they would not approve the ETF and this caused the price to fall from $45,700 to $40,700 in a few hours, and the price only recovered when the same company went public with its retraction. But the damage caused by the press has already been done. Today I read this news:

‘Rumor mill’ goes into overdrive for a spot Bitcoin ETF approval on Friday

Several tweets on Crypto X have fueled hopes that a spot Bitcoin ETF could be approved on Friday, though some analysts don’t think it will happen so soon.

Speculation that the SEC is set to approve a spot Bitcoin

exchange-traded fund (ETF) on Friday has reached a fever pitch on social media.

A tweet from Grayscale’s legal chief that he was “just filling out some forms,” in addition to a widely shared tweet from a reporter, has fueled speculation that approval could come through within the next day.

Several analysts still expect potential approvals to come next week, however.

In a Jan. 4 post on X (formerly Twitter), TechCrunch reporter Jacquelyn Melinek cited sources “extremely close to the matter” to suggest multiple ETFs would be approved and is “expecting something tomorrow.”

source: https://cointelegraph.com/news/rumor-mill-heats-hopes-spot-bitcoin-etf-approval-tomorrow

every person is trying to predict whether or not it will be approved and this is also because these analysts want to gain more attention. but when you look at the chart:



It's a sign of what's to be expected if a Bitcoin ETF isn't approved

Your explanation is very nice, I also think that the same thing could happen if things get out of control and they cannot approve the bitcoin ETF by January 10, everything remains a constant observation, speculation and what we can say and Because the event can be very delicate, if they see that the price is starting to go down, they will buy, only the smarter ones will buy, but this can trigger a lot of distrust in some of the investors who have Bitcoin, but in what They are small investors, but if they approve it that will be very good for the price things will be seen differently, what I can expect is that I am not going to sell, I will remain in hodl mode and that's it.

If this does not happen, the recovery of this ETF must be kept Calm and do not allow yourself to despair over things, there are always ways to wait for everything to go well, just calm, patience because the Price will Rise Anyway , You just have to think that the halving will happen very soon and that is very good for the Price.

[Games.Bitcoin]

If Bitcoin ETF fail to get regulatory approval, it could have several implications for the cryptocurrency market. The absence of an ETF may have contributed to bitcoin slow mainstream adoption among institutional investors. Declining Bitcoin ETF could increase volatility and uncertainty in the cryptocurrency market, as investors may respond to the disappointment by adjusting their strategies and positions.
But I think the market may not have much impact. Because this year there is Bitcoin halving which is a plus point for Bitcoin.

[DooMAD]

The absence of an ETF may have contributed to bitcoin slow mainstream adoption among institutional investors

There isn't an absence.  Spot ETFs already exist in the world.  Just not in the US.  Why is half the forum seemingly blind to the fact that the rest of the world exists?

If these institutional investors are that desperate to invest in some IOUs that represent Bitcoin, they can just hop in one of their private jets and head north of the border to Canada and speak to a broker there.  They currently have 6 Bitcoin ETFs, I think.

[Wiwo]

It is what it is regardless of or not if Bitcoin ETFs get approvals,  and we may likely see a relatively low impact of that on the price of Bitcoin,  which may not likely be that significant to notice it in the long run,  Bitcoin have independently served the market all the long and being able to attract both institutions and governments which to me is enough approval to build on for a better future for the entire Bitcoin ecosystem,  much more also is the fact that due to the so much anticipation of the bitcoin ETFs approvals,  there have been so much buy in pressure from investors and speculators who want to take advantage of the current price so as not to lose out if and when the approval happens.

A long wait isn't a bad idea at all.

[KingsDen]

What if Bitcoin ETF is not Approved

This is a very big question and everyone needs to ponder over it. Although, it is certain that ETF approval will happen, but then we have the liberty of thought in any direction, that's what makes us humans.

How about if we ask ourselves this question also; What if halving bull run fails?
I have also thought about this and my conclusion was scary until I remembered the ETF approval. See, what happens, if bull run fails, the ETF approval will push the market and of ETF fails, bull run will come in for us. We are somewhat safe.

This news was 4 days ago: https://cointelegraph.com/news/sec-spot-bitcoin-etf-updates-deadline

If you read the news and what has been happening before that time, you will know that United States SEC will approve bitcoin spot ETF in early 2024.

There is not need to discuss about if it will not be approved or not because it will be approved.

Yea, it is certain that it will be approved but I am always skeptical whenever it is about the government and bitcoin. Anything can happen anytime.

[franky1]

The absence of an ETF may have contributed to bitcoin slow mainstream adoption among institutional investors

There isn't an absence.  Spot ETFs already exist in the world.  Just not in the US.  Why is half the forum seemingly blind to the fact that the rest of the world exists?

If these institutional investors are that desperate to invest in some IOUs that represent Bitcoin, they can just hop in one of their private jets and head north of the border to Canada and speak to a broker there.  They currently have 6 Bitcoin ETFs, I think.

because no one cares for or uses canada's market

just google the top 8 exchanges in the world. most people stick to the top 3-4, as thats where the bulk of international trades occur
big companies like blackrock want to be listed on one of the top 4 for a reason

heck even the london stock exchange is larger and more popular then canada.. for good reason
heck even UK prudential prefer to trade LSE and also african/asian markets before even thinking about canada


one reason:
most institutions are american based. EG blackrock. so they prefer american exchanges for compliance, legal and tax reasons

if you want to play whataboutisms
you are pretty much comparing easy access national chains offering baked beans nationwide. and then shouting but what about this small local shop in lands-end that sell beans too

[Franctoshi]

We have two strong events coming up this year, The Bitcoin spot ETFs and Bitcoin Halving, So due to many hypes about this ETFs approval, and if not approved, Fundamentally it will only have a short-term dump in the Bitcoin market but will not change the long-term Bitcoin's direction, a correction in my opinion, and worst-case scenario maybe towards the area of $31k we left untouched after we claimed that very area of resistance in November which should now be acting as very strong area of support if the price come back into that zone.
Therefore, I see no reason to panic, and only fools will sell their Bitcoin at this point in time of market we are few months away from the halving event or likely those that bought Bitcoin only because of the spot ETFs.

[Maslate]

Obviously, bitcoin will drop a significant amount which I think is not bad at all as it gives new opportunity for us and for those who wish to enter the market and invest in bitcoin. With that, even if bitcoin ETF will not be approved in the future, bitcoin's volatility will never be stopped and bitcoin will still follow the same path just like before, and will always continue to long for its new ATH, which I think is the most awaited of all bitcoin investors.

[Synchronice]

What if Bitcoin ETF is not Approved

Whereas optimism is high as regards the approval of Bitcoin ETF which could be a milestone for investor to come in. Bitcoin topped $42,000 in December 2023 and the yearly gain compared from 2021 to date is 160%. One major factor at play was the hope to list Bitcoin ETF which is a very progressive discussion between the Asset managers and the Securities and exchange commissions.

When we plan we plan for possible eventuality and please do not consider this negative bias. Wisdom Tree, BlackRock etc. has meet the criterial as said and are waiting for a positive signal. Should we bank on it. The question is still pondering in my mind if it doesn't go as suggested or the approval is denied what then happens?

I can only see a sudden fall if Bitcoin ETF is not approved and you may as well add your input on this. However, from now till 2026 will be promising for BTC as there would be favorable outcome. It is a game of patience.

If ETF is not approved, price won't crash significantly but it will go down because to my mind, whales will use that advantage and sell Bitcoins to keep profits, this will cause sudden price crash that will scare newbies and they will start panic selling, Bitcoin's price might go down to 30K, then whales will buy bitcoin from 30K and price will be stable between 30-35K for a long time and then god knows what news we will get. I think that people follow too much tweets and they act according to the hyped tweets, like, buy the dip before ETF gets approved. But somehow Bitcoin still can't keep higher than 45K USD price. It reaches that level but immediately goes down, I have no idea why that happens especially after so many hypes and expectations in the whole internet.

[The Cryptovator]

It will exist the same way when there is no Bitcoin ETF. It's true that Bitcoin ETF rumours push the Bitcoin price a bit, and in the event of ETF rejections, we may see a large number of sell-offs. This means the bitcoin price would significantly drop. It's because the pump was due for ETF approval, and the dump will be for ETF rejection. The rest will remain the same, and we can see a real bull market after the halving, even if all the ETF applications get rejected. Bitcoin is a highly volatile cryptocurrency, and I believe it will exist same way.

[mv1986]

What if Bitcoin ETF is not Approved

Whereas optimism is high as regards the approval of Bitcoin ETF which could be a milestone for investor to come in. Bitcoin topped $42,000 in December 2023 and the yearly gain compared from 2021 to date is 160%. One major factor at play was the hope to list Bitcoin ETF which is a very progressive discussion between the Asset managers and the Securities and exchange commissions.

When we plan we plan for possible eventuality and please do not consider this negative bias. Wisdom Tree, BlackRock etc. has meet the criterial as said and are waiting for a positive signal. Should we bank on it. The question is still pondering in my mind if it doesn't go as suggested or the approval is denied what then happens?

I can only see a sudden fall if Bitcoin ETF is not approved and you may as well add your input on this. However, from now till 2026 will be promising for BTC as there would be favorable outcome. It is a game of patience.

It could help to approach this question from a different perspective because now that this ETF story has been out for years, it seems to affect investment decisions. But if this had not been circulating for so long, I think Bitcoin would still be where it is now. ETFs are a good vehicle to bring in both institutional and retail investors alike. Yet I am sure that the influx of new capital into the Bitcoin network would have taken place anyway. It is not like there are not enough options for people to participate. I know that the market deems this some sort of verification from the highest political or authority level if the ETFs get approved, but Bitcoin has gone through some serious crises in the past and always came back stronger than ever before. This whole ETF story is a bonus and I understand why it would have an impact on the price if it gets denied (because of herd behavior and people who want to take advantage of insider knowledge and leveraged position), but everyone who studies the whole Bitcoin story knows that this is not as big of a milestone as it is currently discussed.

[CryptopreneurBrainboss]

The question is still pondering in my mind if it doesn't go as suggested or the approval is denied what then happens?

I can only see a sudden fall if Bitcoin ETF is not approved and you may as well add your input on this. However, from now till 2026 will be promising for BTC as there would be favorable outcome. It is a game of patience.

Life goes on, just because Bitcoin ETF isn't approved doesn't put an end to the industry. Bitcoin has grown this far without the need of an ETF so it won't be a big deal if it gets rejected. It'll just have a short term impact on the market as the market will have some corrections due to fear from others selling thinking the market will dump as the Bitcoin ETF proposal was rejected. The market will bounce back though as we're in a season of positive momentum for Bitcoin due to its halving and bull market expected in coming months.

The market will be overbought as we head closer into months to Bitcoin halving, and an expectation of the price of Bitcoin to increase if the ETF get approved would have made a lot of people to buy Bitcoin. When things don't go as they have planned they'll panic and sell thereby leading the market to have a correction and that's all. Anything that happens if Bitcoin ETF get rejected won't kill the market, it'll only have it's impact as other negative news has had in the past.

No matter what the outcome of this Bitcoin ETF situation will be it'll present a positive feedback for we holders. If they get approved, Bitcoin price will likely explode and if it gets rejected and Bitcoin price decrease, that's an opportunity to accumulate more Bitcoin so it's a win win situations for us hodlers.

[Taskford]

It will exist the same way when there is no Bitcoin ETF. It's true that Bitcoin ETF rumours push the Bitcoin price a bit, and in the event of ETF rejections, we may see a large number of sell-offs. This means the bitcoin price would significantly drop. It's because the pump was due for ETF approval, and the dump will be for ETF rejection. The rest will remain the same, and we can see a real bull market after the halving, even if all the ETF applications get rejected. Bitcoin is a highly volatile cryptocurrency, and I believe it will exist same way.

Good explanation there since a sell off will usually happen since maybe there are some people will get disappointed for that result and they think that disapproval can hurt a little bit that's why there's few people will dump their coins. But newbies should not worry about it since even if ETF is not approved still bitcoin will exist and there's still a high chance for a pump. They should remember that we are heading for a possible bullrun since the hype of halving effect is more stronger than the fud brought by ETF disapproval or other negative elements which they think can affect bitcoin.

They should not look only for ETF approval since there are more bigger picture about it and the real action that we want to see is surely gonna happen when halving season is nearly approaching.

[Ever-young]

The kind of confidence most people have on the approval of bitcoin ETF is just something else if it’s not approve lot of things might go wrong like on those who might have used because of the hype that comes with the ETF news accompanied by there greed and confidence they invested heavily on bitcoin with hope to see the price pump at least two times after its approval a disapproval news will definitely break there heart as the market will move side ways which will not be in their favour.