waiting because there will be very cheap vanilla options and volatility indices on the crypt.

Bitcoin ETF proposals are nearly forgotten but there's last one decision and no more delays which will come out by February. I'm neutral on this and I have seen rejections of it last year so I'm expecting that nothing new will happen.

If it gets rejected again then don't put attention and hope with it anymore. The market can stand on its own even without these but our expectations are increasing and most thinks that this is needed.

An ETF is beneficial to bitcoin or the cryptocurrency markets in general as it adds liquidity to the markets. Some people are sort of lukewarm or some even against an ETF probably because they don't want institutional money into bitcoin. Unfortunately, whether we like it or not, bitcoin is for everyone. Whether your just a typical employee, or a government body.

Anyway, the reason why most people want an ETF, is simply because a lot of people think that an ETF would be the catalyst for bitcoin to skyrocket in price. They want to be rich quick. Nothing new here.

I'm thinking the excitement of Bitcoin Futures market triggered the massive short selling.
Much based on Bitcoin which didn't even exist.
Wall Street is famous for shenanigan trading assets and commodities which don't exist.

Likely when Bitcoin comes back it will come back with a vengeance...hahaha 

i think you are about 4 months too late since what you are saying here used to be true about 4-5 months ago, many were waiting for ETFs to be approved and the price to shoot up because of them. then SEC kept rejecting one after another and also people slowly started to realize that ETFs aren't really as good as they are advertised for bitcoin's future so they stopped wanting them.
i think these days there may still be some people who want ETF but nobody has any hopes of them being approved anymore.

The Bitcoin ETF may not necessarily lead to the rise of Bitcoin. The Bitcoin ETF is only a process that must be experienced on the development of Bitcoin. It does not mean good, nor does it mean bad. We should not put too much to the ETF,  which has little to do with the future trend of Bitcoin.

Bitcoin ETFs are anticipated due to its expected price boost to the market; it couls potentially spark another bull run to a new ATH, igniting yet another cycle of the market. They are only good for a certain amount of time, but once people on the other side of the spectrum decides that they have had their fill, they'd intentionally bring the market down just so they can have a good entry point again should they decide to come in on the market once more.

OP, the honey badger does not care. With an ETF, or without, Bitcoin will continue on for as long as it takes and for as long as there is no cryptocurrency worthy enough to replace it.


I believe Bitcoin will be on its way to a new ATH regardless.

yes, it is a kind of loan fund to start investing or trading in bitcoin and it can be something that can attract more people.