Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts By Cointelegraph
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Bloomberg analysts have raised the probability for an approved spot exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator.
In a Aug. 30 post on X (Twitter), Bloomberg senior ETF analyst Eric Balchunas said they have raised the chances to 75% from an earlier 65% — due to the unanimity and decisiveness at which the United States Court of Appeals Circuit reached its decision in the recent case.
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© Reuters
Bloomberg analysts have raised the probability for an approved spot exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator.
In a Aug. 30 post on X (Twitter), Bloomberg senior ETF analyst Eric Balchunas said they have raised the chances to 75% from an earlier 65% — due to the unanimity and decisiveness at which the United States Court of Appeals Circuit reached its decision in the recent case.
Continue Reading on Coin Telegraph
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