When Will the Bitcoin ETF Be Approved?
The cryptocurrency market is abuzz with anticipation for the upcoming Bitcoin halving and the potential approval of the spot Bitcoin ETF next year
According to Senior ETF analyst Eric Balchunas, there is a 90% probability of ETF approval by January 10
This stance has been maintained for months, predating its widespread attention
The Bitcoin price has been maintaining a tight range around $37,000
However, some indicators suggest a potential drop below $35,000 ahead of the ETF approval
Balchunas suggests that ETFs are likely to be approved, given the extensive involvement of numerous people.