The ETF and their impact in the sounds of BTC.

What is an ETF?

ETF's are investment companies registered with the SEC that offer investors a way to pool their money in a fund that makes investments in stocks, bonds and other assets or in some combination of such investments and, as a consideration, investors receive interest generated from said group of investments. What is an ETF?
Securities and Exchange Commission, US.

If the ETF's are approved, how would they affect BTC?

The Bitcoin ETF's serve as a link between the world of crypto exchanges -which remains unknown to many cautious investors- and the more traditional financial tools.

The ETFs would give those who are still very skeptical and cautious about the volatile digital asset the opportunity to invest, significantly broadening the reach of the actors involved in the common pool of digital wealth.

"Regular" ETF's are commonly associated with lower risks for investors compared with individual securities. In fact, when you buy in a basket of multiple assets, you are protected from the ups and downs to which individual stocks tend.
This announcement alone could see the price take off as the money would pour into the ecosystem and demand would head to the clouds.
Cointelegraph.

Bitcoin ETF, SEC desition postposed.

Many possible scenarios are predicted before and after the SEC decision on ETFs.

What is the sound of BTC?

A short time ago I published my first post on Steem, where I fleetingly described the intrinsic relationship between music, mathematics and the price charts of cryptocurrencies in general.
Due to this mathematical-musical relationship, we can read or interpret graphics -for example, the BTC / USD pair- as if they were a musical score.

The mechanism to translate the graphics and transform them into music is "relatively simple" using the Ableton Live program, although I will not go into technical details, since it is not the goal of this post.

I insert a synthesizer and then a keyboard to which we can assign an infinity of instruments or sounds is displayed in the lower part of the screen. On this occasion I chose a piano sound.

I draw the notes following the line of the BTC/USD pair price and we already have the main melody. Finally, I insert another synthesizer to which I also assign a piano sound, and I harmonize the main melody.
I focus more on the artistic and sound aspect than on the mathematical accuracy of the melody.

So, considering that the SEC postponed the decision until mid-September, which of the two tunes do you think we'll hear?

Listen to bullish melody here.

Listen to bearish melody here.

Feels free to leave a comment, bullish or bearish ;)
Hugs Stemmians!

Visit my latest posts:
The Sound of Bitcoin.
Contact Juggling. Episode I.