Post by Pete

There's a theory that US ETF's getting approved are going to tank BTC and with it every other virtual currency. That's because ETF is the biggest source of hopium — the mythical bottle of Le Institutional Money. Then if those ETF's aren't seen as interesting by those who manage that institutional money, then BTC price goes down and stays there. It stays down because there is nothing to top the idea of big money coming. And the reason why US ETF's might flipflop is that there apparently is at least one BTC ETF in the Europe, which is not doing great.