Quote from: JayJuanGee on September 11, 2018, 06:53:59 PM

Quote from: empowering on September 11, 2018, 11:10:26 AM

Quote from: JayJuanGee on September 10, 2018, 10:31:54 PM

Quote from: El duderino_ on September 09, 2018, 11:31:36 PM

^
Let the coffin be full of nails we dont need an ETF and surely not This year..... i think most of everybody already thinks theres No ETF happening any time soon

A few weeks ago, there was probably more uncertainty about whether an ETF will be approved this year or in the near future, but I agree with you, mic, that it is seeming to be more and more the case that "NO on the ETF this year" has become "priced into" our current BTC price situation, and therefore, no one is really going to give a ratt's ass about further disapprovals - yet on the other hand, if an ETF were to end up getting approved this year, then it likely would cause a surprised and excited upwards BTC price utterance.

The ICE (NYSE parent company) partnered with Microsoft and Starbucks project "Bakkt" have got the "pedigree" that the SEC and CFTC is used too... and has a fairly good chance (above the other recent attempts) to actually get the go ahead for their platform... whether that happens on 5th Nov 2018 remains to be seen though... but it is certainly one to watch IMO... there could indeed be "fireworks" on (around) November the 5th.

(this could be more important than the ETF's especially coupled with Custodian solutions a la Citigroup et al, if they get the go ahead for Bakkt, then a straight ETF a proper will likely follow for sure in 2019 as a side effect IMO, Bakkt is the one to watch atm)

You could be correct, but I still stand by the words of my earlier post, and at this time I see the approval of an ETF in the USA to be less than 15% for 2018 and less than 31.5% for 2019. On the other hand, if some other country approves an ETF, that might force the hands of the USA government into approving such, in order NOT to get left too far behind....

If Bakkt get the go ahead in November (or after) then I would put the chances of an ETF in 2019 to 100% , and not just one ETF , Bakkt themselves could launch several just themselves. Furthremore, if they get the go ahead to launch their platform (I think chances are very very high) then not only will they have a clear path for ETF(s) in 2019, but once they are successful, I believe that will open a clear and already walked path to further approvals for others...

Just my opinion... we will see come Nov 5th Wink

(EDIT: Bakkt have now announced December 12th Futures launch for Bakkt)