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Bloomberg Analyst: Most Physical Crypto ETFs Likely to Be Approved, But Timing Uncertain
Summary: In a recent tweet, Bloomberg analysts Eric Balchunas and James Seyffart stated that the probability of most physical crypto ETFs being approved has been raised to 90% or higher. They believe that the positive interactions with the U.S. SEC are a significant signal. However, the specific approval or launch timing remains uncertain, possibly within the ...
In a recent tweet, Bloomberg analysts Eric Balchunas and James Seyffart stated that the probability of most physical crypto ETFs being approved has been raised to 90% or higher. They believe that the positive interactions with the U.S. SEC are a significant signal. However, the specific approval or launch timing remains uncertain, possibly within the next one or two months, or it may have to wait until after October. The timing is not important, what is important is that they will be approved.
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Link: Bloomberg Analyst: Most Physical Crypto ETFs Likely to Be Approved, But Timing Uncertain [Copy]
