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Cryptopolitan 2024-01-10 18:50:47

Crypto degens are betting heavily on a spot Bitcoin ETF approval

Cryptocurrency analysts are growing increasingly optimistic about the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) this week. A flurry of correspondence between the SEC and hopeful ETF operators has fueled speculation, and enthusiasts are expressing their confidence by placing substantial bets on prediction markets.

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