Now if you do not know what an ETF is, it stands for Exchange Traded Fund and is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

Why is a Bitcoin ETF such a big deal?

It would make Bitcoin easier to buy for the regular person

Increase Liquidity

More Secure

Less Complicated

Increase Awareness

Increase Demand and Price

The CBOE Bitcoin ETF is a widely talked about ETF and probably Bitcoin's best chance of seeing an ETF in 2018. In my opinion it has better odds of getting approved rather than declined.

The issues the SEC had with the Winklevoss ETF, particularly the possibility of manipulation is much less severe with the CBOE ETF since it would be much harder for Bitcoin to be manipulated when it's coming from many different exchanges.

Additionally CBOE has connections with the SEC and many SEC commissioners are quite bullish on Bitcoin and the approval of the CBOE ETF.

IF YOU WOULD LIKE TO KNOW MORE OF THE REASONS I BELIEVE THE CBOE ETF WILL BE APPROVED, PLEASE CLICK THE FOLLOWING LINK TO WATCH MY YOUTUBE VIDEO

