What are the chances of a Bitcoin ETF to be approved? The entire industry believes it will happen on August 10 (or 40 days later if delayed) but we’re playing a dangerous game believing in it so hard. If it will be rejected, prices will tank once again. We live on hope right now. Opinion in the industry: 65%-90% of the people believe it will be approved. I personally think there are too many reasons why the SEC will not approve it: market manipulation, scams, unregulated market, too small market cap,… I think they won’t take a risk. Let’s be careful with our optimism on this topic.
#bitcoin #cryptocurrencies
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What do you think about the Bitcoin ETF? Leave your thoughts below!
Why is an etf a big deal anyway? We already have GBTC trading on the stock market.
Liked your video…Thanks YAI !
When most of us want something to happen and it will not fucking happen like the way we wish. Delayed most likely
Sept 21 next bull run starts Sept 17
i am not exactly sure about ETF but i'm into investing in something. saw ORCA is dropping their ICO soon and have a bonus for whitelisters, anyone might have an opinion on them? would appreciate
Oh please, get off the cool-aid. No ETF until bitcoin are traded on REGULATED exchanges IN THE USA. Bitcoin ain't going nowhere in 2018. Keep dreaming. SMH
2019
The CBOE has acquired insurance for all the investors BTC that they'll hold so the SEC will undoubtably allow this filer to be approved for an BTC ETF. NO DOUBT.
Really dude???? DOJ investigating market manipulation and u think with ongoing investigation there can be ETF??? Get a grip and do read vinklevos decline reasons which 2 major where market manipulation and markets unregulated!!!!! No etf until 2020
I heard the coming ETF approval for CBOE is not for regular market. It’s for the OTC market. Therefore the rules that were applied for Winklevoss’ ETF would be different
AGREED
I appreciate your willingness to give your honest opinion, especially when it goes so directly against public sentiment.
We know nothing yet but believing that there may be an etf is no worse than believing all the false predictions from most youtubers yes data dash as well.
Oouuh I didn't expect you to be that negative on this subject, not the kind of Quinten I'm used to 😛 As for me, I think this ETF has the most chance of approval at the moment, but I'm not gonna put it in percentages… Or let's say 50/50. I agree with you on the fact that when it doesn't get approved, we might see a major dump again, which kind of scares me.
I'm about 80% sure the BTC ETF will be approved. If they reject it it won't be because of volatility. There are 3X leveraged ETFs that are just as volatile (if not more) than BTC. For example, the junior gold miners JNUG swings an average of 5-10% daily.
Wall Street wants the ETF. The amount of money that will leave cash and enter crypto securities is massive, and they want the largest piece of it.
..i think it gets approved (CBOE)
Keeping it real as always! Good post
Young investing I really don't give a shit about ETF, let us have a massive adoption of crypto ETF will come.
Ugh.. FYI ETF was already rejected by SEC a few days ago lol
I am still strongly into BTC, buying and selling on xprocrypto web
200 hundred people commented on sec "MASSIVE INTEREST" lol
Oh Man! People might hate you for saying these things. Haha.. Its OK Thank you
The initial decision deadline is 16th August….
i agree with you quinten…..
Sec has rejected the proposal twice, i don't think it's going to happen any soon.
I think the biggest bull run is hiding from us…..he will come instantly
Jooooo Quinten Top video bedankt Maat !