I think that's already priced in.
It is not already priced in IMO. I believe that it will be priced in ones we hear the news about ETF rejection or approval again. Either way, I think this BlackRock ETF have a bigger chance of acceptance in SEC because of it will track multiple cryptocurrencies that are currently listed in Coinbase's wallet.
And everyone can see it, but some refuse to do so.
Well, some newbies don't because they didn't care to research bitcoin's price history at all.