BlackRock has a 50% chance of getting its spot Bitcoin ETF approved: $BTC

Bloomberg senior ETF analyst Eric Balchunas predicts that BlackRock has a 50% chance of getting its spot Bitcoin ETF approved.

The SEC may look more favorably upon BlackRock’s #ETF filing as a way to “save face” by allowing an ETF from a “trusted ‘adult' TradFi” firm instead of #Grayscale.