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 ?
Recently, the market has not responded so strongly with news. If ETF is approved, that is the good opportunity to push the market recover more fastly. IF not, I think it is just affected for a short time