The impact of Bitcoin ETF on Bitcoin and the cryptocurrency market!

[kryptqnick]

I agree that the ETFs attract traditional investors, but I think they're getting attracted to Bitcoin ETFs specifically, not to the crypto market in general. There are talks of Ethereum ETFs, but it's unclear if they are actually going to be approved.
As for stabilization, it's kind of supposed to work this way in theory, but so far in didn't happen, even though people expected it to happen a few times in the past. Bitcoin continues to be fairly volatile, and I'm not sure the ETFs will change it. And, again, I think it only has impact on Bitcoin, not the crypto market in general.

[MFahad]

In short, the launch of Bitcoin ETFs I think brings a lot of positive things and opportunities to many people. This can be considered a period of transferring humanity's wealth, opening a new era for all of us. Let's find out and seize this opportunity!

Well, the best thing about ETFs and it is one of the most positive things it has done for the industry is that it has greatly boosted the adoption. Due to ETFs, people who were always afraid of investing in Bitcoin will now be able to do that through ETFs because a lot of people don't trust cryptocurrencies in general even if they find them fascinating and want to invest in them, now they have got an opportunity to do that through ETFs having more trust on them.
Though ETFs don't promote decentralization, but if some people believe more in centralized entities than decentralized ones, they should now be able to make their investments without worrying about anything.

[MooWho]

The recent approval of Bitcoin ETFs has opened a new turning point for Bitcoin as well as the cryptocurrency market. It brings extremely positive impacts to the development of this market in the future. Let me list what those impacts include!

1. Attracting traditional investors
The EFT Bitcoin Fund is like a certificate proving the legitimacy of this market. It helps traditional investors alleviate concerns about the legitimacy of this market. They boldly pour capital into this market through ETF funds, and this is not a small and extremely stable source of capital for the market. It will create a good premise for countries that previously banned or did not support Bitcoin to become more open in the near future.

2. The market will gradually stabilize and grow more sustainably
Before there were ETFs, the cryptocurrency market was considered an extremely volatile market, sometimes fluctuating up to several dozen to several hundred percent. This not only causes confusion for participants, but also creates extremely risky psychology for those who want to learn about this market. But when ETFs come into play, they can help mitigate this wild and volatile volatility. ETFs will provide diversification, and they are also the ones who will regulate the market, making the market more stable, reducing risks for investors.

3. Bitcoin's popularity and acceptance soars
This is quite obvious when the major US ETFs were approved, which brought huge worldwide attention to Bitcoin. From there, they will learn what Bitcoin is, and help promote Bitcoin to a larger number of users by chance. Besides, they will understand what it is like to use Bitcoin in daily life as well as in other fields besides the financial market, who in the past they only viewed Bitcoin as a speculative product, and only for fraudulent purposes.

4. Create more jobs related to the crypto field
The appearance of ETF funds will lead to a strong wave of investment capital flowing into the market to develop projects. The cryptocurrency market goes hand in hand with technological development, so attracting capital inflows is very easy. That opens up more space and economic potential for projects to develop, meaning they will have to expand their company scale and human resources. The labor market in the information technology industry as well as crypto has been very hot in recent years. And I firmly believe that the recruitment demand in this crypto industry will increase with the development of the market.

In short, the launch of Bitcoin ETFs I think brings a lot of positive things and opportunities to many people. This can be considered a period of transferring humanity's wealth, opening a new era for all of us. Let's find out and seize this opportunity!

This post seems to deserve some merit, imo, sorry I don't have any to give. Yes, all of the above is true, the ETF's are a huge step forward for BTC to sustain long-term growth.

[SeriouslyGiveaway]

Not true. You must have noticed how the price has been fluctuating wildly ever since the spot ETF was approved. 

The impact on market price stability cannot take place immediately. It takes a long time, and we have to wait it  gradually seeps into the market. This is just the beginning of the transition process, we need more time to see this.

I agree. But, again, the question would be, how is Bitcoin popular? How is it accepted? If Bitcoin's popularity and acceptance are solely grounded on its being a new asset class, then that would be questionable. If this kind of popularity and acceptance flatly reject its being a legitimate money, then it might even be detrimental.

Bitcoin does not have to be a new currency to be considered popular or have universal acceptance. It is already strongly popular for any organization or country to consider Bitcoin as a storage asset alongside gold.

Forget about the crypto field. It's heavily flooded with scams. Scam projects, those that are freely riding the waves of Bitcoin's popularity, indeed create jobs, but it's not worth it. The negative effects of these scams far surpass job creation. I would wish that these jobs won't be created if it means there will be scam victims all over the world.

Why do you only think of scam projects and think there is no job space for this entire market? There are still projects that are working very seriously for the development of this market, and they are still in dire need of personnel for that development. We should not judge the entire market only through those unhealthy projects. Regardless of any field, there are fraudulent projects, not just this market. In the beginning, when everything was not clear, there were a lot of scam projects, but I believe that when the market becomes mass adoption, the purification of those unhealthy projects will be much stronger, and then there will be no lots of living land for projects that do not operate seriously.

We must need more time to be sure about things like better stability, less volatility but my warning is you must look at high volatility times in stock market, bank stocks and gold, oil markets to see that even in traditional markets, there are times for massive high volatility.

Hence, I really don't exclude any chance in future that Bitcoin will have big corrections.

Stock, gold or oil markets are all affected by global economic and political situations. You can see that the general situation of the world in recent years has been extremely volatile, with wars and conflicts happening everywhere, accompanied by rising inflation, so these markets are increasingly volatile is easy to understand. And so is Bitcoin, now it is also part of the global financial market, so it cannot avoid temporary fluctuations. Do you agree with me that in recent cycles, Bitcoin prices have been much less volatile than previous cycles? Partly because as the capitalization value of Bitcoin increases, it will become more difficult to manipulate the price, leading to reduced volatility.

[Belarge]

I agree that the ETFs attract traditional investors, but I think they're getting attracted to Bitcoin ETFs specifically, not to the crypto market in general. There are talks of Ethereum ETFs, but it's unclear if they are actually going to be approved.
As for stabilization, it's kind of supposed to work this way in theory, but so far in didn't happen, even though people expected it to happen a few times in the past. Bitcoin continues to be fairly volatile, and I'm not sure the ETFs will change it. And, again, I think it only has impact on Bitcoin, not the crypto market in general.

The ETF has huge positive change on Bitcoin, I can start relieving stress because my path is gradually getting clear and I'm now understanding the system, knowing when to triggered trade and also doing the bold moves. Crypto comes with different results, I'm never looking away because bitcoin is definitely among the project that would change my life. I've started to see significance and importance, no more running away but staying and facing the system.

[Wind_FURY]

I agree that the ETFs attract traditional investors, but I think they're getting attracted to Bitcoin ETFs specifically, not to the crypto market in general. There are talks of Ethereum ETFs, but it's unclear if they are actually going to be approved.

As for stabilization, it's kind of supposed to work this way in theory, but so far in didn't happen, even though people expected it to happen a few times in the past. Bitcoin continues to be fairly volatile, and I'm not sure the ETFs will change it. And, again, I think it only has impact on Bitcoin, not the crypto market in general.

They're actually attracted to the new "asset class" if you ask me. BUT Bitcoin being the most secure, and the most valuable in this new kind of "asset class", makes it something that gives a competitive advantage for investors and for the bank that offers Bitcoin ETF products to their clients. Banks will start to advertise "Bitcoin Products Available Here" during this cycle.

Plus if anyone mentions the word "cryptocurrency" - the first thought is usually "Bitcoin".

[Blitzboy]

This Bitcoin ETF is a big. The best deal. We're talking mainstream adoption, Wall Street money flowing into crypto. This is what validation looks like. ETFs, they're not just a way to buy in, they're a sign the big guys take Bitcoin seriously now. That breeds confidence, the kind that attracts institutional investors.

Now, this isnt some win just for Bitcoin holders. This ripples out to the whole economy. More investment means more jobs, more tech breakthroughs. We're witnessing a revolution in how finance works.  The naysayers? They'll be eating their words soon. Bitcoin's here to stay, and its leading the charge. We're looking at steadier growth, Bitcoin becoming part of the everyday conversation. Thats not just a win, its a masive win. For those on the fence, the time is now.