Can you explain exactly what ETF is ?
ETF is exchange-traded fund in this case we are referring to - Winklevoss Bitcoin Trust COIN.
Normally ETF keeps assets such as stocks, commodities, or bonds (in this case Bitcoin) and trades them.
We all are waiting for 11 March which is the deadline for SEC, they will either give ETF stamp of approval or disapprove it (again).
Yeah , You are right .
And now this is a condition that was happened with Bitcoin the last year for the brexit ( bretain + exit ) .
According to that time of condition for brexit , it was believed that if bretain got exited then price will go up and if not happened anything then price will go down .
So here the condition is somewhat same because according to the descion or result declare in favoure or again the exchange the demand of bitcoin will surely will be effected .
I would like if the judge will go in the favoure of the exchange , because this will increase the demand of bitcoin and that will resulted into the increase of the price .