Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency.

You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned.

Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not.

yes Sir, I'm a beginner in the world of bitcoin. and was very surprised to see from last December to the present. because most of the Bitcoin prices are like the SEC's control in the past few months. and I understand a little, why Bitcoin is so unstable at this time. and why BITCOIN is very worried about the SEC.

I think differently. I see the ETF as a shark's way to dive and gather lots of Bitcoins. Nothing can stop Bitcoin prices in the future and this is just a small step backwards

I think 2 years from now no one will care one way or another about the ETF decision and all the drama it has caused.  People are fearful right now and the ETF decision seems to have put them over the edge.

I agree with you. Bitcoins in the past few years have continued to grow and grow without the need for ETF. ETF is just a pretext for sharks to create FUD to manipulate the market

ETFs have only a few supplements that will increase the price of BTC
actually, the price of BTC will explode in 2021, where everyone will not be able to mining BTC again, and the total supply for BTC will be truly limited
the only way to get BTC is by buying it

Bitcoin does not need an ETF. It won't affect Bitcoin's utility to any extent whatsoever, in fact. The reason people are clamoring for it is because it represents money going into the market, which in turn may lead to better adoption. Bitcoin's been stuck in a bear market for a while now so people are looking for something to jump start another bull run. Considering its recent surge to 8k amidst ETF speculation, it certainly looks like an approval could strongly contribute towards that end.

Not having an ETF wouldn't mean the end of the world though. I see it more as a way to accelerate growth more than anything else. We'll have to rely on organic growth instead, which may be much better for the community in the long run.

yes, I'm thinking of that position. when the bitcoin proposal is approved by the ETF. everything will be very good and prices bounce back. but I'm thinking in another direction. what if the ETF rejects the bitcoin proposal. whether it is the end of bitcoin or bitcoin is still fine. even being very good?

part of that fear is rational if you are a trader because ETF is a news that traders are watching and then acting based on which way it goes. so if it goes in the way they want they would speculate a rise and start buying so price can go up and if it doesn't they  would speculate a drop and start selling. so as a trader you want to keep your eyes on the news and the price to make the most profit in this short term swing.

but if you are an investors or ... then you should not even care about this because it is a short term drama with a short term and small effects, specially the negative effects will be short and small and will go away soon enough after the date.

Ditto.

In 10 years from now, probably bitcoin would still stand. If there is cash, there is business, and these attract new fintech implementations in various industries.
Literally if bitcoin was the lider between currencies, because of the technology, nothing would stop new frontiers to be reached, as ETF and so.