Eric Balchunas, an ETF analyst at Bloomberg, wrote on the X platform that many investors have inquired about the report released by Matrixport that "Bitcoin spot ETF will be rejected", but he personally has not seen any other signs except that it will be approved soon, so he also wants to know whether Matrixport has any sources of information or whether the conclusion is just speculation.

Balchunas added that Matrixport appears to have always been long on Bitcoin and had recently published a report that an ETF would be approved, and he was unsure why it published the opposite information.