#加密ETF申请热潮涌现
As we all know, the Bitcoin spot ETF has always been a major focus within the community. Once approved, it can be said that a bull market will at least begin. Recently, this ETF has started to gain attention again. Currently, there is a list of institutions applying for the Bitcoin spot ETF, as we can see in the image below, including BlackRock's IShares, which recently experienced a surge in interest. So what are the chances of approval?
According to Bloomberg analysts, after Grayscale's victory, the probability of approval for a Bitcoin spot ETF this year is estimated to be 75%. By the end of 2024, the likelihood of approval will jump to 95%.
It can be perceived that this Bitcoin spot ETF will become the best topic and narrative for speculation in the near future. Given the current situation of insufficient market liquidity, the approval of the ETF could indeed mark the beginning of a bull market, bringing in a significant amount of institutional capital. However, the premise is that the market makers need to have enough chips in hand first, so when it gets approved will still depend on the market makers' sentiments.