Previous year also we faced a good bull run with out ETF. ETF not related to bull run. but panic people there so if ETF rejects by the sec or postponed they sell their portfolio for even loss.
So i believe normal market circle and bull run can be expected in next months.
what about your opinions ?
You are right, last year there was a rise in prices without any decision of the SEC, and now I think that this decision is given a great importance. However, we must agree that the market situation is likely to improve after a positive adoption of the ETF.