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RE: SEC Rejects Futures Based Bitcoin ETFs

in #bitcoin7 years ago

It's good to see that bitcoin held his ground despite of the disapproval...
ETF are going to get approved eventually, it's just a matter of time. Then would be the time of institutional money pouring in!

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Yes, that is the hope. Though it might be a while before we get a Bitcoin ETF in my opinion. Perhaps someone should submit the application for a bitcoin ETN.

Agreed. Just like last year, the year before; and perhaps most notably 2009 (when Wall St. first denounced BTC & cryptocurrencies)

Time & Time again we've rallied & proven all skeptics wrong. If history is a barometer; than it should be no different come Q4/holidays.

I hope you are right, though I am thinking this pullbak/bear market may be similar to what we saw in 2014-2015. If that is the case, it will be a while before we take out those previous highs.

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