There are 9 different ETF's to be decided in next two months. People are afraid of this uncertainty which isn't disappearing else this is best buy point. Majority of people know this is temporary phase and will be over but when this is the question. People are not willing to hold for longer time that's why careful attitude is being seen.
I still think NONE of these are gonna come to pass in the next 2 years. Not with an asset BTC that pumped and then dumped 65%
in the last year. The bureaucrats will not get into any problems with their masters, by just kicking this down the road ...thus nothing.
just saying, not gonna fly...and if people are expecting such the price will IMHO dump to 3k coin on such expectations.
there is NO desire by us gov't or the sec to make btc legit under any circumstances...at 18k they probably would not have any
choice but allow ETFs at the current 6.4k price...er ..they don't have to do anything at all.
Hope I'm utterly incorrect.
brad