Hii Guys welcome all🙏🙏. So today in crypto talks series I'm gonna talking about ETF and their effects on crypto.
So before moving on I request you to read the full article so you don't get confused
Exchange trade fund or ETF are securities which allows the traders and entrepreneurs to buy bonds and stocks. They can be bought and sold during the days just like common stock
So, CBOE (CHICAGO BOARDS OPTION EXCHANGE) has filed a request to SEC (securities and exchange commission) in order to get approval of ETF in Bitcoin from SEC. I have to say that CBOE plays an important role in every pumps and dumps of Bitcoin
IF THE ETF IN CRYPTO WILL GET ACCEPTED THAN THIS CAN BE THE BIGGEST NEWS IN CRYPTO THIS YEAR AND IT WILL TAKE THE BTC TO A WHOLE NEW DIFFERENT LEVEL
So, if the ETF will get approved on 10th August 2018 then CBOE as per the rules have to buy bitcoin in bulks at a one time which will change the whole crypto market because they have to buy millions of bitcoin in a single click which is never happened before in bitcoin. And when CBOE BUY bitcoin in bulks then they have to store them in the cold storage.
When ETF of bitcoin would get approved then many institutional investors will invest in bitcoin at a single click without making any wallet
The realistic value of bitcoin after getting approval of ETF is $50,000.
Most of the altcoin would really harder than ever before and many of them would surpass their December high
If it's possible for me I'm gonna making another article on it in the coming days
I want 
Have a great day and wonderful night 😊😊