Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin ETF Announcement August 10 - How will it affect Bitcoin?
by
m.vina
on 12/07/2018, 10:53:05 UTC
There will be an announcement by the SEC around August 10 regarding a Bitcoin ETF proposed by VanEck SolidX. Any thoughts on the price movement?

Who the hell is VanEck SolidX and why does that name sound so unprofessional? Makes me feel worried about bitcoin...

Nevertheless, an acceptance of the bitcoin ETF by the SEC could be phenomenally bullish news that could finally tip the scales and send bitcoin to new all time highs beyond $20k USD. The sad thing is, it will not likely happen until we have FUD and scams throughout the cryptocurrency ecosystem. We will get there one day though, we just need to hold and be patient.