Overview

Click to expand overview
Seyffart and his colleague Eric Balchunas had placed 90% odds on spot Bitcoin ETF approvals by Jan. 10, 2025, and the twin delays “all but confirms for me that this The probability of the SEC approving the Bitcoin (BTC) ETF stands at 90%, claims Bloomberg research analyst. Data compiled by Balchunas and Seyffart shows that the brief window for approval will close on November 17th. Even if all are not approved within the next eight days Renowned Bloomberg analyst James Seyffart notes that the SEC’s decision delay, 34 days ahead of the Jan. 1, 2025, deadline, aligns with the speculated 90% odds of In ETF land, 2025 could kick off with a bang if, as expected, spot bitcoin ETFs win Securities and Exchange Commission approval in January. Bloomberg Intelligence predicts a 90% The SEC should approve a Bitcoin Spot ETF in the next two months. According to the analyst, the SEC would need to approve Rule 19b-4 before January 10 Bloomberg analyst forecasts a 90% probability of Bitcoin ETF approval by Jan 10. James Seyffart claimed that the window for all 12 trusts closes on Nov 17, but the SEC

90% Chance of Bitcoin ETF Approval by January 10th? What You Need to Know

Are we on the verge of a Bitcoin ETF breakthrough? Bloomberg analysts, including James Seyffart and Eric Balchunas, are giving a spot Bitcoin ETF approval by the SEC a 90% probability by January 10th, 2025. This optimistic forecast has investors eagerly awaiting the SEC\'s decision.

Seyffart and Balchunas\' Bold Prediction: 90% Odds

Seyffart and his colleague Eric Balchunas had placed 90% odds on spot Bitcoin ETF approvals by Jan. 10, 2025. Their analysis suggests a high likelihood that the SEC will finally greenlight these much-anticipated investment vehicles. The probability of the SEC approving the Bitcoin (BTC) ETF stands at 90%, claims Bloomberg research analyst.

The November 17th Deadline & Recent SEC Delays

Data compiled by Balchunas and Seyffart shows that the brief window for approval will close on November 17th. Even if all are not approved within the next eight days, their 90% confidence remains. Renowned Bloomberg analyst James Seyffart notes that the SEC’s decision delay, 34 days ahead of the Jan. 1, 2025, deadline, aligns with the speculated 90% odds of approval. These delays, according to Seyffart, "all but confirms" his positive outlook.

Why January 10th is Crucial

The SEC should approve a Bitcoin Spot ETF in the next two months. According to the analyst, the SEC would need to approve Rule 19b-4 before January 10. Bloomberg analyst forecasts a 90% probability of Bitcoin ETF approval by Jan 10. James Seyffart claimed that the window for all 12 trusts closes on Nov 17, but the SEC.

Spot Bitcoin ETFs Could Kick Off 2025 with a Bang

In ETF land, 2025 could kick off with a bang if, as expected, spot bitcoin ETFs win Securities and Exchange Commission approval in January. Bloomberg Intelligence predicts a 90% likelihood of this happening. This potential approval could revolutionize how investors access Bitcoin, opening the doors to broader market participation.

What Happens Next?

The SEC\'s final decision is still pending, but with Bloomberg\'s analysts projecting a 90% chance, the anticipation is building. Keep an eye on regulatory updates and market analysis as we approach the January 10th deadline.

Top Sources

Related Articles