If the SEC denies the ETH ETFs on the illegitimate grounds that ETH is a security, and the price nukes, you best believe I’m going to bid the hell out of it.

But if I’m thinking this way, so are many others. 

Which means an ETH ETF denial is actually a *bullish* event.

Crypto @ Coinbase, foreign policy, political theory. yugacohler.twitter

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The BTC ETF was rejected at the beginning of 2017 and went from $1k-19k that year. The market simple doesn't care in bull mode. It'll rip when it's ready. Plus the ETH ETF is destined to get approved eventually.