The bull and bear arguments for the ETF and its effect on the market.

I'll keep it short for once, and not post a ton of charts. This is gonna be more of a speculative take anyway.

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Bull case:

The obvious inflow of capital from a lot of cash on the sideline that wasn't previously able or unsure about entering the crypto market.

There's always gonna be investors interested in capitalizing on the volatility of Bitcoin, or even in its long term impressive gains. And now they can just do it from their existing brokerage account with a simple click, without having to venture into these crypto exchanges they don't trust, or into this unknown crypto world.

They will now be able to trade it on platforms or brokerage they trust, with regulation and oversight.

The doors open to retirement funds, and funds in general, could see perpetual inflow of capital, that could ensure an additional steady flow we've seen for the S&P 500.

With the end of the bear market, and a potential bull cycle, it will be easier for more new people to FOMO into Bitcoin.

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Bear case:

Not that many people are gonna touch a Bitcoin ETF, or want to venture into that market.

The people interested in it are already in it and are just gonna use crypto exchanges. Or they would have already bought into Ark, Grayscale, etc... But they would rather own it and not have some fake paper derivative.

Bitcoin is too volatile and risky for most people. It's not suitable for retirement accounts. And many people won't have the appetite for that level of risk.

It won't create more FOMO into any upcoming bull market, because maybe not that many people will be interested in a Bitcoin ETF, plus there could still be a recession or economic downturn that could stop the bull cycle.

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What additional bear and bull case arguments do you see?

Which side has the stronger argument?

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