What's going to happen? I guess nothing.
At the time of writing, BTC has bounced back above $6,000, so this seems to be a newly established support level after the recently stated $7,000 and $8,000 levels were generally accepted by investors.
investors need to be patient as the entire market is in disarray at the moment. Currently the U.S. hosts far more financial technology companies than any other country in the world, but this could change quickly if regulators don't keep up with the latest technological advances.
We are still be here standing and we will continue to grow in the future. Of course there's no amount of modifications on the proposal will allow SEC to approved ETF's it simply won't happen because the market is subjective to manipulation.
I would lover to think in this manner only and should be positive about the market. Lets just forget about the SEC and all the ETF stuff because that is what that is in between them and their decisions. Neither ETF had any investment into the crypto currency no it is going to affect the prices of bitcoin or even other coins out there.
I guess it is pretty simple that if there is just framework of something and no real thing then how can anyone even imagine that it will collapse the whole structure? Just chill, and lets focus on the crypto the way it was and it is.