Will Sec approval towards Bitcoin Etf bring bull run?? by bitcointalks

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bitcoin · @bitcointalks · Jul 16 '18 (edited)

$0.06

Will Sec approval towards Bitcoin Etf bring bull run??

Well Well ... Bitcoin Bull run???
So Guys Sec decision towards Etf for bitcoin would be on 10 Aug 2018... Before we go further.. Lets know (what is Etf and how can it effect the bitcoin price??)
Basically Etf is Exchange Traded Fund ..Now when the Sec approves the btc Etf then the big traders can easily access the bitcoin which can lead to spike up in the btc price.![etf.jpg](https://cdn.steemitimages.com/DQmb4duZm6x44qXyZUKtMFSwXQoujeAZUte3P3HB5FsmcU1/etf.jpg)
Now as the btc will spike up then all the cryptos will spike up ...also the if talk about where the btc can ahead atleast it's ath ie $20000

Now why the Sec can approve the Etf their are several reasons....

1)  This time the file for the approval for etf is given by CBOE(Chicago Board Options Exchange) which is a very reputed and a big exchange.
2) Earlier their was no regularities in bitcoin but now exchanges are taking measures to make bitcoin regular and try to save their exchanges from hack and save people fund.
3) Bitcoin is in trend and insitutional investors want to invest in it as block chain is the future
![hero.png](https://cdn.steemitimages.com/DQmckjQjpWiyyNgcvHdZCfhGyD3SJxLxR1MGjg1ivzst1VK/hero.png)

So hope for the best if the etf is approved by the Sec we can see trillions of dollars coming towards the crypto market and can see a btc bull so fingers crosse.

Yeh btc run run run!!!!!!!


Thanku 

Regards 
Bitcointalks

👍 introduce.bot, tigerstripe, sajjadkabir1, ysbappy, rahultech, m2i, sanjayw, hitesh0898, cryptomapin, bitcointalks, blessedsoul, chandanyadav55, jainlove, magic8ball

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@chandanyadav55 · Jul 15 '18

After coming etf bitcoin can moon.

👍 bitcointalks

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@bitcointalks · Jul 16 '18

yeh i think it can ..what you think brother

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@introduce.bot · Jul 15 '18

✅  @bitcointalks, I gave you an upvote on your post! **Please give me a follow** and I will give you a follow in return and possible future votes!<br><br>Thank you in advance!

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@bitcointalks · Jul 15 '18

thanku sir please follow me back ...happy earning

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@jainlove · Jul 16 '18

From this step (ETF) big push-up or game changer role in crypto market near future.

👍 bitcointalks, jainlove

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@bitcointalks · Jul 17 '18

yes sir ...it can be a game changer

👍 jainlove

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@jainlove · Jul 17 '18

pls. up-vote my good posts thanks i follow  u

👍 bitcointalks

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1 reply

@magic8ball · Jul 15 '18

To the question in your title, my Magic 8-Ball says:<blockquote>My sources say no</blockquote><hr>*Hi! I'm a bot, and this answer was posted automatically. Check [this post out](https://steemit.com/introduceyourself/@magic8ball/introducing-the-magic-8-ball-bot) for more information.*

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@sajjadkabir1 · Jul 16 '18

Nice post created 
Great research

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@steemitboard · Jul 15 '18

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