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Bloomberg Analyst Responds to Today's Expectations for Bitcoin ETF Approval! - Coin Newsletter
While the spot Bitcoin ETF excitement is in full swing in the cryptocurrency market, a new statement came from the Bloomberg ETF analyst for the date.
As the eyes of the cryptocurrency market await a possible spot Bitcoin ETF approval from the U.S. Securities and Exchange Commission (SEC), too many experts are making statements about the date.
TechCrunch reporter Jacquelyn Melinek pointed to today as saying that spot Bitcoin ETF applications could be approved en masse.
Bloomberg ETF analyst James Seyffart also posted on Twitter on Jan. 5 in response to Jacquelyn Melinek. In the post, Seyffart wrote that there is a lot of noise around the Jan. 5 date, but he does not expect the official spot Bitcoin ETF approval tomorrow.
Seyffart also said that he is still waiting for the spot Bitcoin ETF approval, which he previously gave a 90% chance, to come between January 8 and 10**.
The SEC has until Jan. 10**, the deadline to decide on spot Bitcoin ETFs.