The FUD is strong. The WallStreet whales are buying. Bullish signal.
What the hell are you talking about? Where's the bullish signal?
Spot on @squatter and @1Referee, the market will not be resistant to any manipulation and transparency in regulation is not also present, so guess what? We may never get a chance to see any Bitcoin ETF approval, not by a long shot.
The only difference with Van Eck proposal is he "insurance component", to protect investors from the risk involved, but I don't think it is enough for SEC to approved their proposal as well.