BlackRock has ‘50% chance’ of getting spot Bitcoin ETF approved: Analyst By Cointelegraph
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Investment management firm BlackRock (NYSE:) has a 50% chance of getting its spot (BTC) Exchange Traded Fund (ETF) approved, according to Bloomberg senior ETF analyst Eric Balchunas.
Balchunas’ prediction comes following an observation made by Elliott Stein, a senior litigation analyst for Bloomberg Intelligence, who now pegs the chances of Grayscale winning its case against the SEC at 70%.
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© Reuters.
Investment management firm BlackRock (NYSE:) has a 50% chance of getting its spot (BTC) Exchange Traded Fund (ETF) approved, according to Bloomberg senior ETF analyst Eric Balchunas.
Balchunas’ prediction comes following an observation made by Elliott Stein, a senior litigation analyst for Bloomberg Intelligence, who now pegs the chances of Grayscale winning its case against the SEC at 70%.
Continue Reading on Coin Telegraph
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