What will happen to top cryptos if the SEC approves Bitcoin ETF?
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I don’t think it will affect bitcoin prices for a long term period, the prices might fall down and rise up again just any stocks. Actually i have long experience in crypto, i started investing in crypto in 2017 I started with ethereum price cad transactions and i made 200 bucks that time because it was the golden time of bitcoin in 2017 but now it worth less than how it was worth in 2017 but it still high and people still invest in it so much, i think it will explode soon and i’m sure about because i have been investing in it long years ago, other reason to grow is the virus pandemic which mean people will tend to use digital currincess more and as you see now it’s more valuable than gold now.
Agree with the previous statement. You see, the best you can do if you want to earn on crypto is to be very careful about information and all latest news. I am currently using these Cryprocurrencies Rating https://www.crypto-rating.com/ where are a lot of different information about cryptocurrency, investments and how people are making these earnings. This Rating is showing the most profitable ways to make money on it.
Nothing much really. The price might rise a bit and fall back down on the original value before the news hit the market. Why might you ask? Because it would be just news at that point. ETFs are instruments that would allow businesses to trade cryptos but that’s it – it is a tool only. It all depends on whether people and organizations will use it.