Eric Balchunas: The likelihood of a spot Bitcoin ETF being rejected has now decreased from 10% to just 5%
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.
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.
You may also like
The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.32 million BTC.
Yesterday, the net inflow of US spot Ethereum ETFs was $76.6 million.
Analyst: Bitcoin has bottomed out in the short term, a rebound towards $100,000 may occur
Trending news
MoreCrypto prices
More
