Quote from: Mr.grin on September 29, 2018, 05:29:17 AM

Quote from: goodluck0319 on September 29, 2018, 04:58:19 AM

I believe there will be a rejection of ETFs again because people are not yet ready for such a turn of events. it would be too good for the market

well, we can only be prepared with the worst possibility. hoping that even with the SEC, there are not so many crypto users expecting it. but still we look forward to the best decision this year. well, hopefully the price will be higher.

The SEC will get there eventually. They can't stop an ETF from happening forever.

That said, I'm not convinced SEC approval of an ETF is the windfall people all expect. There will be a big jump initially but until the ETF starts to genuinely amass significant assets, there won't be any LT affect on the market. More important is adoption and usage by the wider masses, not a single investment vehicle being approved.