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There is a 90% Chance of Bitcoin ETF Approval by January: Analyst

Published 10/14/2023, 07:41 PM
Updated 10/14/2023, 07:45 PM
© Reuters. There is a 90% Chance of Bitcoin ETF Approval by January: Analyst
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  • Several analysts see a 90% chance that Bitcoin ETFs will be approved by January.

  • Mister Crypto thinks all ETFs would likely be accepted before January.

  • David Parker believes an ETF approval would be beneficial for the Web3 sector.

According to the famous Bitcoin investor Lark Davis, several analysts believe there is a 90% chance that Bitcoin ETFs will be approved by January. Davis made the statement via a post on X (formerly Twitter) and was supported by other crypto users with a similar sentiment.

One of Davis’ respondents, Mister Crypto, noted that he has been saying the same thing for several months. According to him, all ETFs would likely be accepted before January and very likely this year.

David Parker, another X user involved with Web3, considers the potential ETF approval to be beneficial to his sector of the industry. According to Parker, an ETF approval could represent a new year present for those in the Web3 sector of the blockchain industry. He said:

Wow, January. That would be a nice New Year’s p…

The post There is a 90% Chance of Bitcoin ETF Approval by January: Analyst appeared first on Coin Edition.

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