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Bloomberg ETF analyst: No signs other than "Bitcoin spot ETF likely to be approved" have been observed

Bloomberg ETF analyst: No signs other than "Bitcoin spot ETF likely to be approved" have been observed

2024/01/03 14:23

On January 3rd, Bloomberg ETF analyst Eric Balchunas posted on social media that many investors have been inquiring about the report from Matrixport stating that "Bitcoin spot ETF will be rejected". However, personally, he has not seen any other signs besides the imminent approval and wonders if Matrixport has any sources for this information or if it is just speculation. Balchunas added that Matrixport seems to have always been bullish on Bitcoin and recently published a report stating that the ETF will be approved, so it is unclear why they released contradictory information.

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