Finally ETF approved

[Franctoshi]

This is indeed the biggest moment for the crypto space and will open the floodgate for more liquidity to melt into Bitcoin, furthermore will bring regulatory clarity for Bitcoin and the entire cryptocurrency market, There is gonna be a massive liquidity event ahead of us because of this news, I wonder why the market didn't react very crazy immediately after the approval. Now the next online is gonna be Ethereum Spot ETF approval too,

[Darker45]

It's here. Finally! This is another milestone for Bitcoin. This is actually huge. Notwithstanding the non-reactive price, as others might have expected an immediate spike once the approval is released, this is actually a significant stamp on Bitcoin's legitimacy. The full effect of this will reflect on the price, and adoption more importantly, a bit gradually.

It's incredible how Bitcoin started as a nerd currency, then as a currency of criminals, and then it was eventually acknowledged by companies, followed by countries, and so on. And now even the hesitant SEC in the US is seemingly left with no choice but to acknowledge it as well. The future is now even brighter.

[laurenB7742]

This is indeed the biggest moment for the crypto space and will open the floodgate for more liquidity to melt into Bitcoin, furthermore will bring regulatory clarity for Bitcoin and the entire cryptocurrency market, There is gonna be a massive liquidity event ahead of us because of this news, I wonder why the market didn't react very crazy immediately after the approval. Now the next online is gonna be Ethereum Spot ETF approval too,

ETF approval doesn't mean bitcoin or the entire market has to explode soon after. Everything takes time, just like when the halving happened, it took a while for the bull season to arrive and bitcoin to make a new ATH. We are investing, not gambling, and we should not be disappointed when things don't work out immediately as we expected.
Cryptocurrency is still a financial market and things have never been easy to predict. Furthermore, don't forget the saying "buy the rumors, sell the news", so the market may be dumped, don't expect a boom during this time.

[adaseb]

Tomorrow will be the big deciding factor if we go to a new ATH or not.

After the market closes we will see the total flows into all these etfs. If it’s a small amount like $10M then we will get a massive dump.

But if we get like $4B of flows like predicted then we might have a crazy 20% day. Similar thing happened with BITO. It had a great flow on the first day and then it died down and hence why the sell off started.

[Kakmakr]

The speculators will be celebrating with this news, but the real Bitcoiners will know that it is a sad day for Bitcoin.

Large Fiat rich centralized financial investment firms will now buy bitcoin in large quantities and this will increase centralize ownership of bitcoins.

These companies are purely driven by speculation and profit and not using Bitcoin as a currency. (Satoshi's ultimate goal for this technology)   

[Fiatless]

This is indeed the biggest moment for the crypto space and will open the floodgate for more liquidity to melt into Bitcoin, furthermore will bring regulatory clarity for Bitcoin and the entire cryptocurrency market, There is gonna be a massive liquidity event ahead of us because of this news, I wonder why the market didn't react very crazy immediately after the approval. Now the next online is gonna be Ethereum Spot ETF approval too,

At least the approval has ended the speculations. The Bitcoin space has been busy discussing the spot Bitcoin ETF for a long time and I am happy that it has been settled. It will attract more more but also greater centralization. The privacy features of Bitcoin will gradually receive less attention because these institutional investors have the funds to engage in massive awareness that will attract investors to join the space through third parties.

The market didn't react massively because of the earlier X announcement that was later debunked by the SEC. It might be possible that many investors doubted the current news. The worst part of it was that the SEC website that contained the approval document went down immediately after that announcement. Investors might suspect that the regulatory body might come up with another news that the website has been hacked. Therefore, many investors were cautious, however, the price might keep increasing these few days.

[Out of mind]

It was really good news for the crypto space that ETFs gave bitcoin approval. Although just yesterday we saw fake news spread saying someone had hacked the SEC X and just then the price of Bitcoin skyrocketed. Then later again we saw correctly that actually it was hacked by a person and published such news which caused the selling price to drop but then again the price of bitcoin went down a lot. Anyway, what we saw later today was a great day to officially offer an ETF Bitcoin approval, which was really interesting for all investors.

[CODE200]

The speculators will be celebrating with this news, but the real Bitcoiners will know that it is a sad day for Bitcoin.

Large Fiat rich centralized financial investment firms will now buy bitcoin in large quantities and this will increase centralize ownership of bitcoins.

These companies are purely driven by speculation and profit and not using Bitcoin as a currency. (Satoshi's ultimate goal for this technology)   

It's definitely going to be that and I don't think that small investors like us will ever be able to keep up with this rich investors that will definitely want to hoard all of the bitcoin and there's no way that they're going at it little by little, they'll definitely want it all I'm sure of that and that's going to be enabled because we let this happen but I guess the potential profits is just too much for us to not be in the boat with this, I do hope that when things get worse for investors like us as ETFs become a popular thing, I'm already out of the market but had a lot of profits.

[synchronym]

ETF approval is indeed a very big news or good news. I don't know if this is good news for those of us who work in Bitcoin. Because many are saying that ETF approval could have an impact on Bitcoin. This does not affect Bitcoin in any way.

[aoluain]

The speculators will be celebrating with this news, but the real Bitcoiners will know that it is a sad day for Bitcoin.

Large Fiat rich centralized financial investment firms will now buy bitcoin in large quantities and this will increase centralize ownership of bitcoins.

These companies are purely driven by speculation and profit and not using Bitcoin as a currency. (Satoshi's ultimate goal for this technology)    

It's definitely going to be that and I don't think that small investors like us will ever be able to keep up with this rich investors that will definitely want to hoard all of the bitcoin and there's no way that they're going at it little by little, they'll definitely want it all I'm sure of that and that's going to be enabled because we let this happen but I guess the potential profits is just too much for us to not be in the boat with this, I do hope that when things get worse for investors like us as ETFs become a popular thing, I'm already out of the market but had a lot of profits.

I agree with you two.

A lot of people are delighted about the news and saying we will all be rich as more Bitcoin is
bought up leaving the supply strained and demand high but they dont realise that when
they go to sell they will do so once, the opportunity to buy back will be gone at an
affordable price if there is even Bitcoin available. The big investors will have locked
them away for the super rich to hold their wealth in.

Bitcoin will become like a rare priceless artwork, not for the average joe/jane, perfect
to store wealth by individuals who may never need to sell it.

This could happen quite quickly, whoever wants to buy into rhe ETF's will want in at
the best price, thats now!

[Blitzboy]

ETF approval is excellent news. Bitcoin seems to have been accepted by traditional finance. Be aware that Bitcoin's strength never depended on this permission.

ETFs may attract conservative investors who were previously hesitant. Accessibility and familiarity matter. Imagine Bitcoin entering a new world where it can follow traditional finance norms while yet being revolutionary. Remember, Bitcoin's resilience and value proposition are unaffected by conventional financial instruments.

There's another perspective. Bitcoin's essential values and operation are unaffected by ETF approval. Simply a link between realms. Bitcoin's strength is that it is decentralized and can offer more financial freedom and security than standard financial systems. The ETF is a milestone, but just a tiny one in Bitcoin's quest to transform finance.

[traderethereum]

Yes, the Bitcoin ETF has been approved. I wonder what will happen after this. Will this immediately make the price shoot up, or will the price slowly creep up? Or the price will stay below $50k for a while.
This is good news for bitcoin because this is support for bitcoin to become even more popular. More and more people will see that many institutions and society finally support bitcoin.
As for the Bitcoin price, it has been trying to penetrate higher prices over the past few hours. From $45k to $46k and back to $45k over and over. Maybe a few hours later, there will be better progress than now.

[Learn Bitcoin]

Even though Bitcoin ETF is not finally approved. But the title does not match with the news OP shared. I thought it was fake news because we have been seeing such fake news all around and the market movement as well. The previous fake tweets created a huge movement on the market but when the real approvals happened, we haven't seen any massive movement yet.

It's nice to know that US finally approved Bitcoin ETF. Now, if these companies start collecting Bitcoin from the market, it will affect the market. But, if they don't, there won't be any significant changes. But, I am positive with Bitcoin at this moment.

[highalch]

Yes, the Bitcoin ETF has been approved. I wonder what will happen after this. Will this immediately make the price shoot up, or will the price slowly creep up?

Blackrock expects $4B flow in. They have the ETFs preseeded, so there's only a spike on today's open when the demand is so high they're running out of BTC. That's a cooldown factor. Wait till stock market open!

[Crypt0Gore]

Yes it's been approved finally, but I am disappointed because this is not how I pictured the movement of Bitcoin after the ETF approval, there is nothing I can do about it though, since it's not in my power, but this approval is good on the long run, so maybe with time the market will start reacting to this approvals.

On the long run there will be much confidence in people to buy some Bitcoin, it's all good, but what will happen after the coming bull market is unknown, lets not forget how Black Rock loves taking over everything for good, I am sure they will cook something up in future.

[$crypto$]

Yep! This time it looks for real!

It's strange that the market reacted more dramatically to the fake news yesterday than it did today. Traders appear to be more cautious now.  That was likely the intention of yesterday's "hack" of SEC's twitter account.

We finally saw the news approved.

It's a little strange on the price reaction, maybe when the fake news was announced by the SEC twitter but in the end it will be hacked, but this time it's different even though it was approved but it's not the SEC who announced on their twitter so there's no price reaction, I just think maybe it's not the time yet.

Yes a little more cautious, although many say tomorrow there will be a bigger price reaction.

[Zigabel]

This is really a good news for Bitcoin enthusiast and the Bitcoin community at large, yesterday after the release of the news, it was seen all over that Bitcoin had some instant bullish moves and I believe a few persons were able to utilize that move to securing some funds into their account from trading and for those who were hodling they had their account size further increased, the next will be the long awaited and anticipated bull run which will cause the emergence of new Bitcoin millionaires.

By this SEC approval of the btc ETF, some more countries will begin the adoption of the usage of Bitcoin as a legal tender in their countries and this will further help the bullish move of Bitcoin.

[Luzin]

Yes it's been approved finally, but I am disappointed because this is not how I pictured the movement of Bitcoin after the ETF approval, there is nothing I can do about it though, since it's not in my power, but this approval is good on the long run, so maybe with time the market will start reacting to this approvals.

On the long run there will be much confidence in people to buy some Bitcoin, it's all good, but what will happen after the coming bull market is unknown, lets not forget how Black Rock loves taking over everything for good, I am sure they will cook something up in future.

The drama ended happily. I'm happy, which means there will be another big surprise. But I hope this agreement is not revoked again. This means that there will probably be a lot of evaluation after it is unveiled. I hope a Bitcoin ETF will make its way open on other cryptos. This means that this approval will make investor confidence even greater. In addition, I feel very confident that the correlation of ETFs and halvings will later lift Bitcoin and other cryptos to have a better future. The SEC drama will continue to exist but it seems that they are just trying to continue to take advantage of the policies they make to continue to be profitable.

[Jegileman]

The speculators will be celebrating with this news, but the real Bitcoiners will know that it is a sad day for Bitcoin.

Large Fiat rich centralized financial investment firms will now buy bitcoin in large quantities and this will increase centralize ownership of bitcoins.

These companies are purely driven by speculation and profit and not using Bitcoin as a currency. (Satoshi's ultimate goal for this technology)   

After this news of bitcoin ETF approval, the market is now open to more speculations from most of this investors that will be buying bitcoins. A lot of whales will be increased and they will certainly play a vital role in speculating the market more now that they control some percentage of bitcoin that can cause change to the market.

This will affect the path which bitcoin normally follow to arrive at the bull run. This is a good term for short term investors because I don’t see this lasting long because most of them are coming for the profit, after they’ve achieved what brought them, there will be massive sells again and will bring the market back to normal until the event of the halving and bull run triggers the market again.

[Poker Player]

At the moment, the price has made a clear upward move as a result. We will see how this turns out, because it will be followed by a downturn in which many retail investors will lose money playing short term at the hands of the whales. In the medium term, this together with the halving I expect will push the price up quite a bit, although it may add volatility as well.