Eric Balchunas: The likelihood of a spot Bitcoin ETF being rejected has now decreased from 10% to just 5%
2024/01/07 15:00
Bloomberg ETF analyst Eric Balchunas said that the likelihood of a physically-backed Bitcoin ETF being rejected has now decreased from 10% to just 5%. He pointed out that, due to the uncertainty involved, it is necessary to leave room for this 5%, as even with industry assurances, anything can happen.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$115,138.74
-0.24%

Ethereum
ETH
$4,525.88
-2.09%

XRP
XRP
$2.99
-1.84%

Tether USDt
USDT
$1
-0.00%

BNB
BNB
$921.84
-0.92%

Solana
SOL
$234.43
-3.10%

USDC
USDC
$1
+0.00%

Dogecoin
DOGE
$0.2685
-4.26%

TRON
TRX
$0.3452
-1.34%

Cardano
ADA
$0.8622
-3.51%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now