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What will be impact on Bitcoin with SEC decision on ETF?
What will be impact of Securities and Exchange Commission (SEC) that it stood by its decision to reject an exchange’s request to list a cryptocurrency ETF.
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If ETF will get approval then it will really impact on bitcoin price. Bcz lots of investment will come into crypto market and it will boost market cap. So there is lots of benefits and good sign for traders. Every one is just hoping ETF will pass but lets see what will happen.
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If the ETF ever gets approved I think you will see a ton of money come into BTC which in turn will drive the price up and will be a good thing for Bitcoin in the long run. I hope it will eventually get approved, but there are a lot of skeptics out there so who knows what will happen.
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