Post
Topic
Board Speculation
Re: Will the bitcoin ETF have any impact on the bitcoin price?
by
gunhell16
on 20/01/2024, 06:00:38 UTC
We can see the price crashing since its release.

I would think that it will take a while for the ETF's to have any impact because they were just released.

That has an impact; we won't feel it right away because the approved institutional companies that gave their applications still have compliances that must be submitted to the SEC, as far as I know, if I'm not mistaken.

So instead of thinking about the impact of that ETF, we should continue what we started to accumulate: Bitcoin and other cryptocurrencies that can give us big profits or savings in the future. Let's just wait for a few periods to see the impact of the result of this ETF after the approval of the SEC.