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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