As they said in the SEC, it can be approved tomorrow and maybe in 10 years.
Exactly, there is no deadline set so the decision could be made anytime.
That is why it's important not to rely on that and not to expect too much from ETF. To be honest I don't think this will influence market in some very significant way so don't base your decision and strategy on that, it doesn't make sense.
Definitely not. Initially the plan was to make people rely on ETF decision thus to manipulate thr price but as we go along the way people are getting used to it so the recent denied decision was like an air that passed by. And besides we have more great news that coming in 2019, we should look forward to this. Adoption is real thing now.
https://www.coindesk.com/7-southern-eu-nations-unite-to-take-lead-on-blockchain-adoptionYes, For anyone who will open this topic up in December 2018 and forward, this "etf rejected" is the old one not the new one and there is still time for SEC to decide on the next ETF. Saying that I still think they are playing with us like cat and mouse.
First of all, I have always said that even getting rejected by SEC about the ETF is great because it shows how much we matured and the market is becoming more legal and legal every single day which is great for bitcoin.
Also we are getting closer to an ETF for sure, even if this one gets rejected there will be one that will be accepted soon, how many ETF can they reject before they will have to finally accept one because there will be no reason not to accept it. Hence, we just need to be patient and wait for our turn, when it happens we should not allow whales to dictate the market.