There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?
Well it's hard to predict what will be happen to that ETF because until now theres no sign if its approved or not. But I think theres no affect to bitcoin if the ETF is approved or not because bitcoin is bitcoin before that ETF is come.
Nope you know that many things affect the market and the price of bitcoin. even someone's speculation can be influential if followed by many investors. especially the SEC which is a well-known institution and agency in the field of trade. of course the approval from the SEC can make many investors arrive.