Eric Balchunas: The likelihood of a spot Bitcoin ETF being rejected has now decreased from 10% to just 5%
Bloomberg ETF analyst Eric Balchunas said that the likelihood of a physically-backed Bitcoin ETF being rejected has now decreased from 10% to just 5%. He pointed out that, due to the uncertainty involved, it is necessary to leave room for this 5%, as even with industry assurances, anything can happen.
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