Bitcoin ETF Approval Date: Traders Bet 89% Chance By January 15
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Benzinga
Benzinga
Traders on the decentralized prediction market Polymarket were showing confidence that the U.S. will see the launch of one or more Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) within the next two weeks. Currently, the “Yes” side of the contract “Bitcoin ETF approved by Jan. 15” is trading at 89 cents, indicating an 89% chance that this much-awaited event will occur in the latter half of January, Coindesk reported. This probability marks a significant rise from about 50% a month earlier. The market has been abuzz with speculation about the launch of a U.S.-based spot ETF since early Octob…