Is Bull Run is coming on September 21, 2018? Mark my words if decision comes in favor of ETFs, Bull will definitely run. Decision on ETFs will be taken on this date and if we are lucky enough to get the decision in ETFs favor and will not get another delay as it was earlier due in July 2018, then be ready to multiple your investments!
The decision is pending on September 21, 2018 for approval or disapproval of Bitcoin ETFs. The ETF proposal was delayed by US Security and Exchange Commission (SEC) in July because they need more time to analyze the proposals. I am not so what will be the decision and impact of this decision on Bitcoin regulations and pricing but whole crypto market and investors are keeping desperate eye on this as it can decide the future of all cryptocurrencies.
There are 5 ETFs, filed in January 2018, includes Direxion Daily Bitcoin Bear 1X Shares, Direxion Daily Bitcoin 1.25X Bull Shares, Direxion Daily Bitcoin 1.5X Bull Shares, Direxion Daily Bitcoin 2X Bull Shares, and Direxion Daily Bitcoin 2X Bear Shares.
New York stock exchange and Chicago mercantile exchange Have submitted the ETFs proposals to attract investors and moving one step forward for Bitcoin regulations.
Many market experts are foreseeing the Bull Run again assuming SECs decision in favor of ETFs! Its just a news about consideration of ETFs that make Bitcoin trading around $8000.
Let’s hope for the best and keep an eye on the latest development to invest ahead of the Bull Run!
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