[Are reports that Bitcoin spot ETF was rejected true? Two cryptocurrency experts from Bloomberg finally speak out]
Cryptocurrency analysis company Matrixport recently released two conflicting reports, attracting market attention. A report optimistically predicts that a Bitcoin spot ETF is about to receive approval from the U.S. Securities and Exchange Commission (SEC) and speculates that the price of Bitcoin will rise to $50,000. Another report suggested that the SEC would reject the application for a Bitcoin ETF.
The conflicting news has had an impact on the Bitcoin market, with the price falling 7% to $42,100 in the past 24 hours.
Bloomberg analysts Eric Balchunas and James Seyffart are optimistic about the possibility of a Bitcoin ETF being approved. Balchunas expressed confusion about the "rejection" report and questioned its source, asking whether it was based on speculation or specific information. He also noted that the analysts behind the report actually appeared to be Bitcoin bulls and expressed confusion as to why they were backtracking.
Balchunas further said any claim that the SEC had rejected the ETF would contradict earlier positions by him and Seyffart, as well as reports from multiple news sources. He believes that this statement undermines a lot of reliable information.
Seyffart made a sarcastic comment on the conflicting reports: "Since they announced that the SEC will approve and reject ETFs, they can't be wrong. How smart." This shows that there is still a lot of uncertainty about the future development of the crypto market. sex.
