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ETF is that Good or Bad?

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I’m asking because I don’t know. When BTC ETF is approved what exactly does that mean for the actual BTC price?

There are ETFs for everything else and it seems like the ETF that controls the price of underlying asset and not the other way around.

But I’m a clueless layman. Can someone please explain what this all means?

TIA

submitted by /u/CheerfulSamurai
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