What is ETF? Whether the price of bitcoin can be $ 50000 due to the ETF approval

in #mgsc6 years ago

What is ETF? Whether the price of bitcoin can be $ 50000 due to the ETF approval

ETF This Exchange Trading FUND is similar to the same mutual funds in which fees are very low and profit is high.

In this, many companies invest in the stock of the worm with stock and the volume of the stock and the volume is the same, if the bitcoin gets an ETF, then the market cap of bitcoin will be incremented, which is its rate from $ 40000 to $ 50000 It can be much higher than that

Just a few days ago I noticed that the news of ETF was only accumulated at Bitcoin 1000 $ as the news of the ETF was very impressive. It is being said that after the approval of ETF, the market cap can be from 1 trillion to 3 trillion$
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Right now, in the decade 2017, the news of the ETF coming into the account was only $ 19000 + in 10-15 days. With the introduction of ETF, Bitcoin Stocks will start trading in the market, which will remain safe from this and its Regulation B will start soon. So Keep Patience for Big Profit in Bitcoin ।

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I also believe that same thing would happen in near future

Right bro

May be possible

Thanks for your valueable feedback

Thank you for information. I hope as happened as you pridict in you article and people get profit from this.

Thanks for your valueable feedback

Informative article. I thik Etf gives bitcoin new direction.

You write well, @pawanpk!

Thanks bro