Bloomberg analyst: Raise the probability of passing the spot bitcoin ETF to 65%

Bloomberg ETF analyst James Seyffart tweeted that based on recent events and the latest information, I officially increased the chances of spot bitcoin ETF approval to 65%. It was 50% a few weeks ago and 1% a few months ago. We believe that the point of least resistance is to approve the applications of Grayscale and all 8 reporting companies at the same time after the court revokes the SEC’s veto. Reporting this morning, Bloomberg analyst James Seyffart said that Grayscale also resubmitted the Ethereu m futures ETF today. Since Friday’s close, there have been six applications for an ethereum futures ETF.