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?
If the SEC approves ETF this news is going to be one of the bullish news in bitcoin history and the price is going to see new all time high absolutely in the near future. SEC also try to learn what people are thinking about BTC ETF. You can read and also if you want you can write here.
https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htmI hope so but it looks like bitcoin still has so many problems right one. I remember when SEC was ignoring winklevoss ETF and they were saying that as a joke. I hope they can accept this soon. There are so many people are still betting about that and especially those holders.