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Coin-turk.com

2023-10-14 09:03:14

Probability of Approval for a Spot Bitcoin ETF Rises to 90%

Probability of Approval for a Spot Bitcoin ETF Rises to 90%

Bloomberg ETF analysts Eric Balchunas and James Seyffart have increased the probability of approval for a spot Bitcoin ETF in the US to 90%. The analysts stated that they raised the probability percentage after Ark Invest and 21Shares updated their spot Bitcoin ETF applications, and the SEC did not object to the court decision that allowed Grayscale’s GBTC investment product to be converted into a spot Bitcoin ETF.The post Probability of Approval for a Spot Bitcoin ETF Rises to 90% appeared first on COINTURK NEWS.

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