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Spot Bitcoin ETF Debate Heats Up: ‘We Have Heard Nothing To Indicate Anything But Approval’

Published by
Benzinga

As uncertainty swirled around the crypto markets over potential delays to a Spot Bitcoin ETF approval, various industry figures weighed in with positive outlooks. What Happened: On Wednesday, Matrixport said the SEC was likely to push back a Spot Bitcoin ETF approval until the second quarter of 2024. However, co-founder of Bitmain and Matrixport Jihan Wu later clarified: “Matrixport analysts operate independently, expressing their opinions without any influence or interference from management.” Bloomberg Senior ETF Analyst Eric Balchunas pushed back, saying, “People tagging me like crazy on th…

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