Let's be clear as to people's motivations.  DonAlt runs paid groups for noobs.  He doesn't make any money in a bear market.  

In the letter, published late last night, bitcoin core developer Bryan Bishop, former Morgan Stanley managing director Caitlin Long, e-commerce coding pioneer Christopher Allen, founder of Ernst & Young’s blockchain team Angus Champion de Crespigny and fund manager attorney Gavin Fearey warned the SEC against certain types of enterprise adoption.

Long considered a boon to the cryptocurrency space, the letter argues that enterprise adoption could actually corrupt some of bitcoin’s inherent benefits if not properly overseen. Specifically, the letter warns against practices employed by the Intercontinental Exchange (ICE), which owns the New York Stock Exchange and recently announced its intention to launch a cryptocurrency exchange of its own.

Among a number of recommendations made in the letter, Bryan Bishop, who has been contributing to bitcoin’s core code since 2014, argues that the biggest change the SEC needs to implement is to partner directly with cryptocurrency engineers to develop a new kind of regulation.

...

Specifically, the letter, dated September 19, 2018, argues that restrictions should be put in place on how Bakkt, ICE’s planned cryptocurrency exchange, might handle cryptocurrency when it launches.

In a section headed “We caution against applying rules to digital assets in ways which do not reflect their strengths,” the authors of the letter warn that the traditional financial practice of storing customer funds in a single account would undermine some of the core strengths of cryptocurrency.

Almost there!

As the great contraindicator that you are (no offense), I would expect the market to do the exact opposite of that graph  

Guys, this doesn't look pretty to me:

still need to know if they are going to use leverage within their own company
https://twitter.com/CaitlinLong_/status/1031565897167765505

A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports market integrity and differentiates our effort from existing futures and crypto exchanges which allow for margin, leverage and cash settlement. Coupled with a secure, regulated warehouse solution, you can begin to see how this market infrastructure can help more institutions and consumers participate in the asset class.

Broadway and 47th. New York City.(Times Square.)

These sources/websites are actually not reliable/trustworthy at all.

Here are some links of the most elaborate explanations about the current situation with the CBOE ETF. All of them confirm my belief that the ETF will be approved this time. How much the price will raise is another question. The majority anticipates something like $40K-80K in the following 6 months.
https://cryptoiscoming.com/bitcoin-etf-approval-could-be-huge-for-crypto/
https://nulltx.com/cboes-push-for-an-etf-is-picking-up-steam/
https://globalcoinreport.com/will-bitcoin-skyrocket-as-gold-did-after-2013-etf-approval/
https://hadeplatform.com/articles/2018/07/18/will-the-sec-finally-approve-a-bitcoin-etf-in-august
https://cryptobriefing.com/public-favor-bitcoin-etfs-sec-website/
https://coingape.com/bitcoin-analysis-sec-might-approve-bitcoin-etf/
https://cryptoslate.com/what-is-the-real-probability-of-a-bitcoin-etf/