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?
To be honest very few of them really care about the ETF stuff. Some of them are even lazy enough to know about it and this all takes me to one conclusion mostly they just want that thing to be over with so that the current situation of the crypto currency where ups and downs are getting to volatile will be over soon. This is important for them because they just want the crypto to be paying with their investment because of the ETF and SEC stuff, its making the crypto go fluctuate a lot. For me ETF is important because it can really take the bitcoin to next level and thus waiting for it come with at least single approval.