Yes - The ETF approval is a big thing!

I read often that ETF approval is no big thing and this is proven by the "no pump" after the SEC approval. I often hear the big guys can already buy options and futures. However with the spot EFT bitcoins investments (options and futures are products for trading not investing) are managed by a third party for the big guys, now. Companies, rich people, government insinuations and others wont held BTC in a ledger stored in a safe. They want to have security by someone else managing their assets. And this is given by an ETF. Starting soon all mentioned institutions can call their portfolio manager and start buying BTC covered ETFs. I don't predict a moon shot but over the time a lot capital will flow into BTC.