the other one which is the most hyped is from SolidX and SEC has not done anything about it yet.
there's really no indication that
any of the applicants can overcome the SEC's objections to the winklevoss application. their objections were really expansive and had much to do with the structure and liquidity of the underlying commodity market. planning on solidx getting rubber stamped is a bad bet.
In fact it's probably the exact opposite, with or without ETF being approved, bitcoin is more likely to see some more corrections, consolidation and sideways movement before finally starting its true recovery.
this. maybe the ultimate lows are in (i kinda doubt it), but this sentiment really reminds me of the post-bubble desperation of 2014.