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Expectations for the approval of Spot BTC ETFs from the US Securities and Exchange Commission (SEC) have reached an all-time high (ATH). Analysts have found a limited number of reasons why the market regulator should reject the product at this time.



The odds of rejecting the Bitcoin ETF according to Bloomberg's senior ETF analyst, Eric Balchonas. The odds of rejecting a Bitcoin exchange-traded fund have now dropped from 10% to just 5%. He pointed to the need to leave room for only 5% for uncertainty because anything is possible even with the guarantees provided by the industry at that time.
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DjangoX
2024-01-09
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