The market is really sensitive to these ETF news now, so the current price moves shouldn't be surprising. The media have convinced noobs that we'll have a new bull run this year fueled by ETF approval, so speculators are selling every time an ETF gets rejected. I'm going to trade with small amounts just for fun and to test my skills, so far I've sold a bit at $8,300 and planning to rebuy at below $7,000.