January spot bitcoin ETF approvals likely but ether is a ‘completely different animal’: Bloomberg ETF analyst | Headlines | News | CoinMarketCap
12/15/2023 22:40
Bloomberg Intelligence ETF research analyst James Seyffart and his colleague Eric Balchunas have become famous on Crypto Twitter this year for their …
The Block21 minutes ago
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Published on December 15, 2023 15:19 GMT+00:00edited on December 15, 2023 15:24 GMT+00:00
Bloomberg Intelligence ETF research analyst James Seyffart and his colleague Eric Balchunas have become famous on Crypto Twitter this year for their spot bitcoin ETF analysis and predictions, earlier to the call than most that approvals were likely around the corner.
In an interview with The Block’s Frank Chaparro on The Scoop podcast, Seyffart reiterated that the window for a potential spot bitcoin (BTC) ETF approval was looking like it would fall between Jan. 8 and Jan. 10. He has suggested since October there was a 90% chance of approval by Jan. 10. This is when the Ark and 21Shares application — which was filed first in April ahead of finance giant BlackRock in June, among a field which now includes another 12 firms — reaches its final deadline.
So far, the Securities and …