Will Sec approval towards Bitcoin Etf bring bull run??

in #bitcoin • 6 years ago (edited)

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.etf.jpg
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....

  1. 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.
  2. 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.
  3. Bitcoin is in trend and insitutional investors want to invest in it as block chain is the future
    hero.png

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

#mgsc #cryptocurrency #ethereum
6 years ago in #bitcoin by
$0.06
  • Past Payouts $0.06
  • - Author $0.05
  • - Curators $0.01
14 votes
Reply 11
Sort:  
  • Trending
    • [-]
     6 years ago  

    Congratulations @bitcointalks! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

    You made your First Comment
    You got a First Reply
    Award for the number of upvotes

    Click on the badge to view your Board of Honor.
    If you no longer want to receive notifications, reply to this comment with the word STOP

    Do not miss the last post from @steemitboard:
    SteemitBoard World Cup Contest - Play-off for third result

    Participate in the SteemitBoard World Cup Contest!
    Collect World Cup badges and win free SBD
    Support the Gold Sponsors of the contest: @good-karma and @lukestokes

    Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

    [-]
     6 years ago  

    From this step (ETF) big push-up or game changer role in crypto market near future.

    [-]
     6 years ago  

    yes sir ...it can be a game changer

    [-]
     6 years ago  

    pls. up-vote my good posts thanks i follow u

    [-]
     6 years ago  

    After coming etf bitcoin can moon.

    [-]
     6 years ago  

    yeh i think it can ..what you think brother

    $0.00
      Reply
      [-]
       6 years ago  

      To the question in your title, my Magic 8-Ball says:

      My sources say no
      Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

      [-]
       6 years ago  

      ✅ @bitcointalks, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

      Thank you in advance!

      $0.00
        Reply
        [-]
         6 years ago  

        thanku sir please follow me back ...happy earning

        $0.00
          Reply
          [-]
           6 years ago  

          Nice post created
          Great research

          $0.00
            Reply