Will Sec approval towards Bitcoin Etf bring bull run??
Well Well ... Bitcoin Bull run???
So Guys Sec decision towards Etf for bitcoin would be on 10 Aug 2018... Before we go further.. Lets know (what is Etf and how can it effect the bitcoin price??)
Basically Etf is Exchange Traded Fund ..Now when the Sec approves the btc Etf then the big traders can easily access the bitcoin which can lead to spike up in the btc price.
Now as the btc will spike up then all the cryptos will spike up ...also the if talk about where the btc can ahead atleast it's ath ie $20000
Now why the Sec can approve the Etf their are several reasons....
- This time the file for the approval for etf is given by CBOE(Chicago Board Options Exchange) which is a very reputed and a big exchange.
- Earlier their was no regularities in bitcoin but now exchanges are taking measures to make bitcoin regular and try to save their exchanges from hack and save people fund.
- Bitcoin is in trend and insitutional investors want to invest in it as block chain is the future
So hope for the best if the etf is approved by the Sec we can see trillions of dollars coming towards the crypto market and can see a btc bull so fingers crosse.
Yeh btc run run run!!!!!!!
Thanku
Regards
Bitcointalks
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From this step (ETF) big push-up or game changer role in crypto market near future.
yes sir ...it can be a game changer
pls. up-vote my good posts thanks i follow u
sure sir
After coming etf bitcoin can moon.
yeh i think it can ..what you think brother
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thanku sir please follow me back ...happy earning
Nice post created
Great research