Quote from: DooMAD on September 18, 2018, 08:48:09 PM

Ambivalent.

I don't see ETFs as a boon for Bitcoin. They don't help improve the technology. They won't bring any genuine adoption.

I'm also ambivalent and I agree with what's written above.

However, I have a feeling that ETFs get the go-ahead, it'll have some effect on the market. Am I 100% certain about that? Not really. Nor am I extremely informed about the details of these proposed ETFs, but when you get more things traded on the market, it usually means more trading overall. That could have an effect on price and maybe even market volatility. Who knows--but I don't think it won't affect bitcoin at all.

I do think there are investors who would prefer to trade in bitcoin on a stock exchange rather than using a traditional exchange, and I don't blame them. I would also think more investors might be good for bitcoin. In any case, I'll have to read up on this. I basically know what an ETF is but haven't read about what's being proposed.

Quote from: gentlemand on September 18, 2018, 09:34:36 PM

Have a browse of that - https://virtualmarkets.ag.ny.gov

Thanks for that link. I'm going to read it now.