There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?
For sure cryptocurrency will get a good market for all its clients or consumers. Bitcoin that has reached its peak market price which is the 19K USD recorded on last 2017, it will be multiplied couple of times depending on the demand for that time if Bitcoin ETF's will be approved. Many user's will become glorious in this if it will going to happen.
I really find it strange that people are still talking about ETFs after all this while. You think the so-called Wall Street bulls are waiting for ETFs so they can change their ways of investing? Of course not,,, there are more than 150 countries outside USA willing and ready to take money for Bitcoin. OTC deals are so common now,,, if Wall Street does not know about this, that would be a shock.
Exactly. They put money in with or withiout etf. People have been badly beaten by the bears that they pin hopes on pretty much anything that sounds positive. Don't raise your hopes that much on this etf approval guys. Heartbreaks would hurt more.