Bitcoin is already popular and well-known, but ETFs can bring in money from new people who are afraid of how bitcoin works. The more popular and the more new money comes in, the better for us who were here before them all
Yes, if more new people join the Bitcoins world, then it will increase the demand to accumulate the Bitcoins. As the demand will increase, the price has to go up in order to meet the demands. This will follow the basic economics of supply and demand. Hence for this reason we were seeing many threads related to this. Sadly the impact isn’t as big as it was speculated. But still we shouldn’t lose hope. Something big is really very near.
I do agree that it is a good thing, or at least it would be because we haven't really seen one just yet, there hasn't been one. We need to consider the possibility that it may not be all that great right away and it may take a while. Plus, it is not something tangible, we can't really see how it benefited that easily, we can guess, we will see "some" data but it will not be fully clear how much of an increase or decrease it will cause, the initial move would be mainly peoples reaction to it and not really the move itself.
So all in all, I am guessing that it will not be simple and we should be careful about it. I know that life is not all that simple all that easily, but this one here is just something to ignore, and keep holding your coins, it is that simple.
