All applications for BTC ETFs were rejected. do you think they are waiting for a moment on the chart to approve it?then we'll fly into space?
We really don't know the answer for that. Perhaps if there is a change as far as those who are sitting in the SEC, and the replacement will be somewhat pro-Crypto then maybe we can see an approval.
So for now, we can't do anything about it. But the good news is that the market is going to survived, just like in the previous years without BTC ETF although I would agree that there could be influx of money in the market if this is approved, nevertheless we are all good for now.