I don’t know when the next bull run will be. I had thought we were already in the bull market when we made a series of higher highs and higher lows…and then the bottom dropped out. I assure you, we won’t know when the bull run starts until after it’s already underway. SEC decision will have significant effect only if it’s positive. A bitcoin ETF will blow the roof off the market. The price would shoot up immediately, before the ETF is open for business, simply from speculators. Bitcoin’s metaphorical head would explode. Once the ETF is open for business, it will end up a small part of all professionally-managed aggressive investment portfolios and many DIY investor portfolios. Bitcoin is an uncorrelated asset that sometimes booms, and keeping a small portion of your capital in an ETF is an easy way to get the benefits of bitcoin without having to do KYC/AML, without having to set up a wallet, without having to actually own bitcoin, without worrying about somebody scamming you. Put .5 percent of your money in the ETF and next time it booms, you can take some profits. If it all goes in the wrong direction, you don’t worry about losing .5 percent or less of your portfolio. You can lose more in the stock market any given week (often, in a day). And, unlike ETFs that speculate on boring things like wheat and cotton and nickel and euros and collateralized debt obligations, bitcoin’s ETF will attract casual investors who will “throw a few shekels” into it just because they heard from a friend or saw on the news that you can make money from bitcoin. Well, just my two cents. Got to go now as I monitor my live trading sessions. Best of luck!