Bloomberg Analyst Predicts Likelihood Of A Spot Bitcoin ETF By January 2024
Following notable changes to the ARK 21Shares Spot Bitcoin ETF application, Bloomberg ETF analysts James Seyffart and Eric Balchunas have predicted that
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Likelihood
U.S. Spot BTC ETF Approval Likelihood Raised to 65% by Bloomberg Analysts
Several major institutions, among them BlackRock, Fidelity, WisdomTree and Valkyrie, have in recent months filed applications for a spot bitcoin ETF to make investing in bitcoin more accessible. While the Securities and Exchange Commission (SEC) has in the past rejected such applications, many experts say there is a good chance
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Osprey sues Grayscale for misrepresenting likelihood of GBTC ETF approval
Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violation of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create. Osprey stated in the suit that
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Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election
The November U.S. presidential election could be contentious, yet the bitcoin market is pricing little event risk. Analysts, however, warn against reading too much into the complacency suggested by the volatility metrics. Bitcoin’s three-month implied volatility, which captures the Nov. 3 election, fell to a two-month low of 60% (in annualized
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Likelihood of Bitcoin Setting “Higher Highs” Grows as Bulls Build Momentum
Bitcoin has flashed some signs of intense strength throughout the past day, with the cryptocurrency recouping some of
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Ethereum Posts Massive Losses as Likelihood of a Recovery Decreases
Ethereum has been one of the worst-performing major altcoins throughout the past few days, with the cryptocurrency plunging
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Chainlink Faces Grim Rejection as Likelihood of Hitting $15.00 Grows
Chainlink faced a grim rejection at just below $18.00 yesterday, which struck a blow to the technical strength
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