If the SEC approves do you think it will have a global impact on other financial regulators? Will this possibly pave the way for an explosion in bitcoin value? Please share your thoughts. Thanks!
It will but i still doubt about that. There was a little chance for bitcoin ETF to be approved by SEC. It will not give a lot of impact to the bitcoin price. You can see that how the futures contract of bitcoin works and then it will give you a lot of clue about what has already happened with the market. There was a lot of manipulation.