BlackRock Bitcoin spot ETF nod ‘unlikely in near term’ — QCP Capital By Cointelegraph

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© Reuters.

(BTC) will unlikely see its first spot price exchange-traded fund (ETF) in the United States soon.

That is the opinion of trading firm QCP Capital, which in its latest market update on June 22 warned over spot ETFs’ prospects.

GBTC premium vs. asset holdings vs. chart (screenshot). Source: CoinGlass