Investors’ Expectations for Bitcoin ETF Approval are Diminishing: Rates Decline!

Investors’ 89% expectation for approval of the spot Bitcoin ETF is falling further.

The US Securities and Exchange Commission (SEC) is expected to make a decision on spot Bitcoin ETF applications soon. Polygon (MATIC) At Polymarket, which offers the chance to bet on such media events on its network, 2 days ago approval awaited by investors It will arrive by January 15 aimed at 89% ratio to 77% decreased by .

The decline in question means that investors SEC’s spot Bitcoin ETF It brought to mind that his faith in the approval he would give had diminished.

Although there has been no bad news recently that spot ETFs will not be approved, there was a sharp withdrawal in Bitcoin and cryptocurrencies yesterday. Rates remain unchanged from last month’s % despite recent declines.The 50 level is still a long way off. It is located on.

The market expectation for Bitcoin, which has been around for several months, is both at Polymarket rates and in the cryptocurrency market. cause rise happened.

According to CoinGecko data, in the last 24 hours 2.3% increase Bitcoin exhibiting, at the time of writing From $43,339 is being traded.

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