Hello Friends

I think you remember in my previous vlog i explained that what is ETF. Basically ETF means Exchange Traded Fund. ETF is the world's most largest Exchange. If SEC (Security Exchange Fund) approve Bitcoin ETF then Bitcoin will also add as well over there. If Bitcoin adds on Brokerage then just clicking Buy or Sell Bitcoin you can buy or sell in reality. It is more then easy then Trade on Like Binance, Hit-BTC, OkeX etc.

Why ETF will approve ??

Bitcoin is trying to get ETF approval from 2014. But every times SEC decline the apply. Why ??

Two major reason is

Now in many big countries like USA, UK, CANADA, JAPAN, SOUTH KOREA, CHINA, RUSSIA we can see Bitcoin have regulation but in 2017 we didn't see Bitcoin regulations in such those Big country's.

And second major reason is

CBOE (Chicago Board Options Exchange) has filled the file for Bitcoin ETF. And in this file they have clearly said if ETF hacked or any user's account lost like private keys and also fund then CBOE will recover it. So they has taken the Big Responsibility as well.

When it will approve ??

In August 10 There are 99.99% that SEC (Security Exchange Fund) will approve Bitcoin ETF.

In 2017

In July 2017 Bitcoin was traded as 1850$ and a Big news comes that is Bitcoin future contract. When Bitcoin Future Contract actually approved then BTC moved her position from 1850$ to 19,500$

But Now the same think is happening

In july 2018 Bitcoin got a Big news for ETF Approval. Now if ETF approved then trillions of dollar will come on crypto market. Now crypto market is only about 250B usd But ETF has 6.7 T market cap. So if 6.7 T usd comes on crypto market then the price of each crypto coin will 10×-50× as well

So, Don't miss out this opportunity

Comment Your Opinion

Thanks
Sajjad Kabir
@sajjadkabir1

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