SEC Rejects 9 Bitcoin ETF Proposals thats a sad news today as on 23 August 2018 which was brutally rejected all 9 propasals of trading exchanges which we all hoping will be excepted but at last its rejected and btc will keep falling more down for sure !
what u think will btc will keep going down now cause of this news !
We can clearly see how imaginary is the bitcoin price actually. Because it is based on speculation and on events rather than on real adoption. We are still early in the game and if they don't want to allow ETF, that's fine. When windowless proposal was rejected I honestly haven't had much hope for this one. Eventually ETF is going to get approved but for that, more time needs to pass for the market to become more mature.