Bloomberg ETF analyst: No signs other than "Bitcoin spot ETF likely to be approved" have been observed
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.
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
SOL spot ETF records net inflows for 14 consecutive trading days, with total inflows reaching $382 million
Opinion: Cryptocurrency Index ETFs Will Lead the Next Wave of Adoption
Data: 567.26 BTC flowed into a certain exchange, valued at approximately $541 millions.
A certain whale deposited 44,000 ETH worth $140.2 millions into an exchange.