Quote from: Theb on October 08, 2018, 02:08:04 PM

Quote from: Kemarit on October 08, 2018, 07:03:20 AM

I'm sorry but I don't think it will bring any impact on the current price. Its just a review and nothing more. They have rejected everyone so I'm sure that we will get the same results here. I'm not against any ETF, it has both advantage and disadvantages, however, those who are in line for review is no different from each other, it still doesn't answer the universal question that SEC has been asking for "how can they prevent the market from being manipulated?

The news report said they are making a review due to some amendments with it comes to their application. This review might not be something but it is their standard procedure when someone is appealing to them to get another formal review process. Even if they have positive news about the 9 ETFs in October 26, I doubt that it will cause a price rally (or even any kind of influence in the price) as a lot of people have clarified already that this kind of institutional investing in the market won't really influence the prices. Plus the news about ETFs is getting cold already, people might not even see any importance about this news once it is out later this month.

Even though we are done on this kind of news in regards with ETF as you said if such 9 review would turn out to be positive then it will surely spark out once again and i would say that even though we dont care on such manner when time comes that certain thing is happening then i will say that we would really be dragged once again on the hype.No matter what would be the result on this review it doesnt really care anymore.