Quote from: justdimin on Today at 04:32:23 AM

Quote from: Bobrox on December 21, 2023, 02:14:35 PM

Its accurate date confirmation about Bitcoin ETF will be approve? is rumor right I think become good news and bitcoin have good start in new year with ETF approving will make bitcoin raise to higher price. But I don't really expected with bitcoin ETF approval because this rumor have been in long time but until right now not have good progress. Personally many people and bitcoin holder more expected with the progress of bitcoin ETF will approve or not in short time.

If this news right and bitcoin get ETF approval just waiting moment for bitcoin raising to higher price, wish with close end this year have good news bitcoin ETF approval and expected with bitcoin will be more promising price for bitcoin holder.

Bitcoin ETF thing is way down the line and nothing is happening right now. If you really want the perfect details on it, Blackrock applied, a few things were found missing, they were sent back, so right now Blackrock is handling paperwork to fill the parts that SEC thought were missing. There isn't even a reapplying yet, so they are still working on it, considering these paperworks take months, we can say that the next reapply would be either spring or early summer at the very earliest, and the response should end of next year instead. So, it is not going to be all that easy and we are not going to hear about it anytime soon.

Plus, we do not really need ETF to make anything work, we do not need to really end up making anything crazy, we just need to let the crypto world handle it. I get that we all want that to happen, but we have seen this situation to be fine without ETF and it still got up, that should be something that would be profitable for us in the end anyway.

Indeed, the Bitcoin ETF drama with Blackrock is lengthy and costly. Dont we see a balance between innovation and regulation? The SEC's alertness isnt shocking; they protect investors in a fast-changing market. Dont lose sight of the overall picture. Bitcoin's journey has never depended on ETF approvals. Its resilience and expansion surprised predictions, right?

Maybe we should focus on the broader consequences of this development. Bitcoin ETF approval might change institutional acceptance, opening avenues for mainstream investors. Bitcoin thrives without it. It proves its value and the crypto ecosystem's strength. We shape the digital asset story as active players.

Remember that regulatory impediments are temporary, but Bitcoin's disruptive potential is permanent. With or without an ETF, we're revolutionizing finance. This complicated trip is ours to conquer.