Bloomberg ETF analysts have raised the probability of a Bitcoin spot ETF being approved this year to 75%

ChainCatcher message, Bloomberg senior ETF analyst Eric Balchunas stated, "My colleague James Seyffart and I have raised the probability of a Bitcoin spot trading platform ETF launching this year to 75% (increasing to 95% by the end of 2024)."

Bloomberg senior litigation analyst Elliott Z. Stein remarked, "While we have already incorporated Grayscale's victory into our previous 65% probability forecast, the consistency and decisiveness of this ruling exceeded expectations, leaving the SEC very little room for adjustment in this regard."