JP Morgan spoke: “Bitcoin ETFs will arrive in a few months”

Banking giant JP Morgan said that Bitcoin spot ETFs, which the crypto market has been eagerly awaiting, could be approved in a few months.

Banking giant JP Morgan said that Bitcoin spot ETFs, which the crypto market has been eagerly awaiting, could be approved in a few months.

Wall Street's popular banking giant, JP Morgan, commented on Bitcoin ETFs, which the entire crypto industry has been eagerly awaiting. JP Morgan, which published a research report the other day, stated that Bitcoin spot ETFs could be approved before January 10, 2024.

JP Morgan pointed to January 10, 2024. This date is known as a date when the SEC will decide on Bitcoin spot ETFs. JP Morgan thinks that the SEC will no longer be able to ignore the market at the decision stage and will approve it.

Bloomberg analysts made a similar comment. Analysts stated that there is a 90 percent probability that Bitcoin spot ETFs will be approved and this will happen soon.

The cryptocurrency market continues to strengthen along with ETF news. These days, when global markets are moving uneasily, Bitcoin has experienced a meteoric rise. Bitcoin exceeded 29 thousand dollars in a short time.

**It is not investment advice.

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