If ETF is approved by SEC,this will help yo pump bitcoin price since it will be easy to buy and sell bitcoin which will also help in massive adoption of bitcoin. On the other hand if the SEC refuses to approve it,I don't see anything that will change from the current movement of bitcoin price and bitcoin price will still pump when the time comes for a pump. The halving is next year and ATH next two years. The price of bitcoin will still reach the speculated price either with the acceptance of ETF or not. Bitcoin has come to stay and no matter what happens it will be follow the bitcoin circle. So let's worry less of the approval of ETF by SEC because demand and supply is what affects the price.