K33 Research: The approval of the spot Bitcoin ETF in January seems to be a "done deal."

ChainCatcher news, a report released by K33 Research indicates that the approval of a spot Bitcoin ETF in January seems to be "a done deal." Updates on the applications in January show that the applicants have agreed to set up cash creation before the January 10 deadline. K33 senior analyst Vetle Lunde and vice president Anders Helseth stated, "Cash creation is not the most efficient structure, but the applicants' updates further signal a favorable indication for the ETF to be approved in the next three weeks."