U.S. Spot Bitcoin ETF Approval 'Unlikely to Prove a Game Changer' for Crypto Market: JPMorgan Report
According to a report by JPMorgan, Grayscale's recent court victory against the SEC may increase the likelihood of a spot Bitcoin ETF being approved. However, such an approval is "unlikely to prove a game changer for the crypto market,” as overseas spot Bitcoin ETFs have failed to attract considerable investor interest.
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U.S. Spot Bitcoin ETF Approval 'Unlikely to Prove a Game Changer' for Crypto Market: JPMorgan Report
According to a report by JPMorgan, Grayscale's recent court victory against the SEC may increase the likelihood of a spot Bitcoin ETF being approved. However, such an approval is "unlikely to prove a game changer for the crypto market,” as overseas spot Bitcoin ETFs have failed to attract considerable investor interest.