The weirdest thing is that they are not even getting accepted. I am not saying it would never be, just that there is no extra added reason why it should be accepted at this point, we could definitely see a point where it may not be all that crazy. I believe that we are going to end up with something that would benefit a ton if it really happens but it is not happening at this point.

So the question we need to ask, if the ETF didn't get approved now, why would it go up now? It should go up when the approval comes in, and it is not coming in anytime soon, not like for another month and probably even later. So, it is basically just a rumor that made the price go up this much and that's not really a good reason but as long as it is higher, I am happy, no matter what the reason is.