Bitcoin ETF, is it All Hype?

 # Hype, Hype and More Hype! # All I see online today concerning Bitcoin is talk about the possibility of the Winklevoss brothers and the possible approval of the Bitcoin ETF. Ever since I started investing in Bitcoin back in 2014 this talk has filled Troll boxes across the Bitcoin trading landscape. Back in July 2016 the Bitcoin ETF called SolidX Bitcoin Trust filed its S-1, an SEC filing used by establishments to register public securities, to challenge the Winklevoss Bitcoin Trust.  *[Source](https://cointelegraph.com/news/new-bitcoin-etf-challenges-winklevoss-bitcoin-trust-by-offering-insurance)* ## What Will Happen? ## Who the hell knows, but as a trader you better believe I will be prepared to profit either way the news unfolds. The date to remember is March 11th for the final approval by the SEC. Be prepared for false news and rumors (FUD), and fear of missing out (FOMO) prior to the date. Some ways I see that we can profit off of this news. 1. Hold Bitcoin Tightly Until March 11th. 2. Leveraging Bitcoin Long at 3x-5X on [Bitmex](https://www.bitmex.com/register/vAg9cN). 3. I will be Prepared to Short Big on the Morning EST of March 11th. 4. Holding Altcoins Will Also Be a Decent Short Play But Will Fall in Tandem with BTC Initially. ## What Do You Think Will Happen With the Bitcoin ETF? ## This decision seems like a marathon. After years of hearing about the possibility of happening we will finally get an answer. I hope it gets a resounding, "NO" because the less government oversight we have in Bitcoin the better. https://img1.steemit.com/0x0/http://www.randyhilarski.com/wp-content/uploads/2016/10/Randy-Banner-Steemit.jpg
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