So far I feel the impact given is positive. In fact I was hoping for an ETF to be approved, so I support the Bitcoin ETF to emerge. The reason is that there are many positive impacts with the development of crypto. Investor confidence in Bitcoin is getting bigger. Clearer regulation. The fear is a monopoly by one of the companies that owns the ETF. But now it seems that this spot ETF in the US is giving effect and it seems that a Spot ETF in Hong Kong will be issued soon.

Bitcoin ETF approval sparked the development and acceptance of bitcoin as a new investment instrument, and it will definitely not be a standalone asset. But overall it can have a positive impact on Bitcoin and the crypto market. This may increase the demand and price of Bitcoin in the spot market. ETFs will provide easier and more affordable access for investors to invest, especially Bitcoin. This can encourage increased adoption and investor confidence to encourage significant growth in the crypto industry. With Bitcoin ETF approval, the door has opened wide for further innovation and deeper integration between traditional financial markets and the crypto world, as well as encouraging the development of Bitcoin-related products and services. But what I really don't like is that the costs are higher.

ETFs got approved months ago, so I think we can already see their influence. In terms of adoption, I think it just created new demand for Bitcoin (indirectly), as those people who invest in the traditional market became more open to investing in Bitcoin via such mechanisms. Bitcoin ETFs grew really fast, but it seems that they're now slowing down.
In terms of the price, Bitcoin got a nice bump in Q4, 2023, due to anticipation of ETF approvals. And then this year, we've seen it going from $43k to over $70k.
So I'd say that the impact is positive, but I also don't think ETFs will be a game changer in terms of Bitcoin global adoption.

Of course, anything that casts positive publicity on Bitcoin helps to advertise it and brings more patronage to it. That's what the Bitcoin ETF has been able to do. We saw how Bitcoin price went up and broke its ATH of the previous circle even before the recent halving. The ETF strengthened confidence of institutional  investors in the industry and they came in gun blazing. This is opening up more space in relation to investment for Bitcoin. It's a plus.

Bitcoin Spot ETFs are one of catalysts to increase Bitcoin adoption and get more trading capital in Bitcoin market. These impacts from Bitcoin Spot ETFs are big, long term, sustainable and these impacts are undeniable because they are real and big.

In short term, market is volatile and unpredictable and if you trade in the market, stuck with its daily or shorter time-frame movements, you will be affected a lot and can lose money by making bad trading decisions.

With Bitcoin Spot ETFs and big impacts, if you invest in Bitcoin, long term holding your bitcoin, you will get profit and have an easy life with your easy investment.

In any market, there are big investors, whales which are favorite in manipulation on the market because it can help them to get profit. It's fact and we can not get rid of market manipulation. So we have to live with market manipulation, understand it and if possible, take advantage of whale manipulation for our more clever capital use for investment and decision to enter, exit the market for profit.

If they have no issue to access an exchange, either CEX or DEX, to buy Bitcoin by themselves, they should go with Bitcoin, not Bitcoin Spot ETF share.

It is not too difficult to do this, buying bitcoin and storing it in a non custodial wallet by themselves. It will force the investors to learn about wallet, backup, recovery and security of wallet and their devices. It requires some time to learn basics but in security and safety of their money, it is very worth to do.

Recommended Bitcoin wallets.
Security checklist
Protect yourself from fake wallet software (guide)
WARNING when using mobile device wallets (Android, iOS)

This may seem easy for young people with basic computer knowledge , but what about older people , who have difficulty with today's digital devices? I think bitcoin ETFs can solve that problem and it works in this case . I once tried talking to my parents about investing in bitcoin, they said it was too complicated and risky as they had to keep their privatekeys , passwords , 2FA... things they have never been exposed to before . But they can go to the bank and deposit their savings without my help. I think , if bitcoin ETF is more popular in my country then I think I will introduce it to them . I believe they will consider investing in bitcoin through an ETF because it does not bring too much trouble for them .

Correct, More liquidity means less volatility! This is the reason why the price doesn’t collapse so hard even though price is almost on the peak and correct. This is bad news for those wants volatility for higher gain but overall it’s good for adoption since it reduces the risk.


This fact is inevitable regardless without ETF since Bitcoin is already hit the mainstream media due to the amount of money entering on crypto. There’s no way that government will let this free flow money untaxed.