“I would call [the likelihood of approval] 90% at this point. The crypto markets have moderated and regulators have watched the lack of drama surrounding bitcoin futures across several global exchanges," one of the ICO Journal's unnamed sources, from the CFTC, reportedly said. "The price moderation and adoption of a peer product is what the conversations have centered around. In January we were justifiably concerned about a bubble and the harm a quickly approved product could attract speculators and create losses that led to significant lawsuits. Now, those factors seem to be mitigated significantly.”
Yeah, this article says it all, etf approval is what everyone is watching. Maybe the insiders know something and approval is going to happen. If I had to guess, I'd say it's going to happen, been reading a lot lately and a investment guy I respect a lot is saying approval will happen, he's putting his reputation on it. We'll see, nice to see bitcoin rallying!
Read the full story here...
https://www.forbes.com/sites/billybambrough/2018/07/24/bitcoin-just-hit-8000-heres-whats-pushing-it-up/#148601f288f5
By the way, I just talked to an older guy last night and he said he would buy some bitcoin if it were easier, so he'd definitely buy if he could buy a bitcoin etf.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ETFs will be one of the reasons Bitcoin ends up going to the moon. This movement is definitely making progress!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit