ETF and Bull Market?

[jonathancool220]

If I make imagination for both, then I will give an illustration like this:

SEC: a gathering place for traders: markets
ETF: capital or merchant money: Gold, Silver, Berlian, Oil (next Bitcoin).

We can see that SEC has been there before Bitcoin. ETFs are only acquisitions for Bitcoin received in the SEC trading market. Because it's the same as the case with the newly launched exchange that accepts trading pairs with Bitcoin.

In conclusion: It will not have an effect that is too high because the SEC and ETF are not too influential on the Bitcoin trade, maybe the increase in Bitcoin prices is also around 20-30%.

Thank you for the clarification, but I make sure that all that has a combination of cryptocurrency trading cannot be predicted.
20-30% is just a number that can change anytime.

[ribowo76]

It seems that I agree with most people in this forum, that ETFs will influence the bitcoin market more or less. And surely that will also affect the altcoin, because with the approval of the ETF, it will provide more certainty about the legality of bitcoin. So that it will trigger more people or institutions to enter the bitcoin and altcoin markets

[Hank]

I have a sense of feeling that if ETF approve by SEC, then we will have a new capital join the market and we will also have a new bull run too.  Hope that next month SEC will approve ETF

[Pope]

ETF is not far off, so we are waiting for a decision on this issue and then we will understand whether the bulls are ready for this.

[Akinohn]

The bull market is quite a strange thing. If you look at the past event, contributing to all growth, the market reacted to it only after 3 months.

[Elizabeth]

Here I am looking at the ETF solely from an investor who understands that its resolution will give the opportunity to manipulate the market even more.

[Harlan]

I think that ETH  will trigger the next bull or at least a recovery of crypto world when it approved by SEC. Everyone is counting the day left for that event too

[pat4cryptoreal]

I have notice that nothing is really causing any remarkable bull run this period. It is only great dip when there is a little bad news.

[hope167]

the ETF delayed and i have been seeing the price of bitcoin decrease and the market go to red signal, i worry about that, hope everthing will recover soon

[kingsters]

what is that ETF its Over Or Not Yet ?

[KYB40]

what is that ETF its Over Or Not Yet ?

ETF has been delayed again. Read the previous comments, some have made good comments about it

[Ariurin]

Personally, I'm thinking, someone who attracts. Maybe this isn't the ETF will attract bulls, and the bulls are forced to allow ETF.

[Marr]

Here's everyone talking about ETFs and that it will help the whole industry. I do have the same thoughts, but what are the chances of success?

[coyote]

How do you view an ETF and what exactly should it give to this market? Personally, I don't expect anything from ETFs, just the advertised part.

[Oduvan]

Even if the ETF is approved, it seems to me that this still will not make the market immediately come to life, most likely it will take a long time for serious investors to pull themselves up!