Provably no one really cares about ETF rejection. Im shock that despite of SEC rejection on ETF. Bitcoin still manage to be stable and not collapse. Ofcourse we see small dump. Thats normal tho. $100 drop is not bad. I thought we are going to fall hard but its not. Bitcoin users seems very loyal these days.
People DO care about the ETF, but its importance in the larger picture is very minimal. Demand is the only real factor that matters for Bitcoin, and as long as the demand keeps increasing, the price will too. The ETF would be a welcome tool that would allow institutional investors to take positions into Bitcoin, so in that regard, everyone saying that it's a non event is basically an......

Scary sheeps are shaken out of the market, that's the good side of the ETF rejection.