The cryptocurrency community is waiting for the approval of ETF , It is because if it is approved there will be more buyers and that would help in the struggling prices . Blockchain technology has increased in popularity due to the unparalleled  cryptocurrency rally . I think that most of the people are not bothered about the regulations in Bitcoin they are considering only about the price and trying the maximum to make profit out of Bitcoin .   those who are holding their breath for an ETF approval means they wish that this will hike the value of Bitcoin more than they imagin