Hey buddies, this is you to inform you all that the dump is just for a accumation of BTC. Fake news is the real cause of the dump which is spread by the news media Matrixport which is the singapore based company - stated out that there are possibilites that all the ETF submitted can be rejected.
Senior bloomberg ETF analyst Eric Balchunas says " we have heard nothing to indicate anything but approval."
Note: The above mentioned info's are not offical confirmation by any officals. No confirmed news is dropped yet.