What are the expectations for the ETF decision on September 30th and its effect on Bitcoin's price?
Morgan NilssonMay 10, 2022 · 3 years ago1 answers
What are the current expectations for the ETF decision on September 30th and how might it impact the price of Bitcoin?
1 answers
- May 10, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the expectations for the ETF decision on September 30th are cautiously optimistic. While there is no guarantee of approval, the general sentiment is that the chances are higher than ever before. If the ETF is approved, it could open the floodgates for institutional money to flow into Bitcoin, which could have a positive impact on its price. However, even if the ETF is rejected, it doesn't necessarily mean doom and gloom for Bitcoin. The market has shown resilience in the past and has the potential to bounce back. So, keep an eye on the decision, but remember to take a long-term perspective when it comes to Bitcoin.
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