But who knows? We have been in for disappointments in the past as often as we have been in for nice surprises.
I am not so concerned about BTC spot etf approval in the U.S., i have read from so many members in this forum that an approval is a matter of when and not if, but even if all applications get denied; i wouldn't be disappointed. I talk a lot about not your keys, not your coins, so maybe that is why i am not fully interested in spot etf's. If institutional investors want to buy through etf's and do not want to store the keys to their coins, so be it, it is a free market and a spot etf approval would give them the opportunity to 'own' BTC. But then again, i wouldn't keep on talking about BTC spot etf's like the network depends on it, and that's what many members have been doing here lately.
Well you should be concerned. As the largest institutional Bitcoin investors are in the US. Furthermore it will promote Bitcoin adoption in a country which has, historically, been pushing against Bitcoin (albeit unsuccessfully
).And yes, the other members in the forum that told you that the approval of an ETF is only a matter of time are completely right. It is now only a matter of time as there are no more hurdles in the path of a Bitcoin ETF.
The main speculation is WHEN. Thats what this hype and current pump is all about.