So we all knew the SEC were going to delay the ETF decision again, however this will be the last time they can delay it, and a decision will be made sometime before February 2019. How do you guys think this will affect the price of btc and crypto overall. Will it have as strong impact as last year when the big guys jumped the future train?
Any 'good' news is needed right now to uplift what we currently witnessed. The market is getting worst by the day so a Bitcoin ETF will really do good things like influencing the market and could probably start a bull-run. But this is all speculation and not proven unless we really hear the good news coming from SEC. So let's see how it goes and just hope for the best.
I hope there is a decision that can make the price of bitcoin rise, so that by mid-2019 it will be the end of the bear market and bitcoin can recover. I am very confident that ETF will be a reason for Bitcoin to recover.
that is the hope of all bitcoin holders, but I am still very curious, what is the reason they continue to postpone decisions about ETFs. this is their last chance, they can't delay anymore.
I can only speculate that maybe someone from behind is really putting pressure on SEC to delay it, or they're really looking at how the market operates because they have been denying ETF's for quite sometime now because the 'market is prone to manipulation'.