I'm no expert but why does everyone make such a big deal about something that many experts have warned would have a negative impact on the price? It's almost like people need the blessing of "big brother" to feel ok about something. This is supposed to be decentralized people, you want regulations then go invest in stocks. Am I outta line here?
Not me, all I care until now is just bitcoin price action. In this situation positive price moving from bitcoin will make life again and others will follow, that's the main rules. About another people who replace their trust into another coin or follow ICO project in big faith and asset is up to them, they have different mindset and strategy. For me ETF is like another coin, follow bitcoin and even have significant price action is only temporary.