Quote from: Sanitough on Today at 07:54:06 PM

Quote from: Nihal6443 on Today at 04:55:41 AM

I think it will be approved within Dec last.
What you guys think?

That is beyond my control, what's important to me is that it should be approved before bitcoin halving comes as it will also contribute a significant price increase for bitcoin. December is a holiday season, that's why SEC made January as their target month to approve Bitcoin ETF. And probably we will know their answer after January 8, as it's that target date that they will come to approve based on the news update.

As long as there will be positive action for that, that is more important. The bull season would be more festive and joyous if two big events like Bitcoin ETF approval and bitcoin halving will come into reality.

We will know their decision by January 8, not after. At least, that is what it's scheduled to happen. Now if they approve or not is still a mistery. Nobody on news articles dares to predict what they are going to decide. Anyway, I think Bitcoin investors and enthusiasts shouldn't put all their expectations and hopes on it, because it means to give too much power and influence to a single centralized entity, just like crypto investors did in the past with Elon Musk and his temporary support to Bitcoin, which ended in disaster some time later, as soon as he launched an offensive against the digital currency.

If investors are faithful in an ETF approval, consequently they decrease their faith in BTC itself, making the ETF event more important than everything else, including the halving, which should be the main priority of everyone here since now. Other events should be just secondary and not determining for Bitcoin's next bull run.