ilmscore | Bitcoin ETF COMING?! What The Grayscale vs. SEC Lawsuit Means!

Bitcoin ETF COMING?! What The Grayscale vs. SEC Lawsuit Means!

Published: 2023-09-06
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Analysts predict a 75% chance of spot Bitcoin ETF approval by the end of 2023 and a 95% chance by the end of 2024.
"Bloomberg's Eric and fellow analyst James Seifert increased their odds of a spot Bitcoin ETF approval to 75 percent by the end of the year and to 95 by the end of 2024."
Spot Bitcoin ETF Approval Odds
Pending
A study estimates that institutional investors could drive $30 billion in new demand for Bitcoin through spot ETFs.
"one recent study which helps explain the recent surge in demand by institutional investors for spot Bitcoin ETFs estimates that they could bring 30 billion dollars in new demand for BTC"
Institutional Demand for Bitcoin
Pending
Grayscale plans to launch a range of digital asset ETFs beyond just Bitcoin.
"the company's goal is to have quote a whole family of digital asset ETFs"
Grayscale's Future ETFs
Pending
Grayscale expects to lower the current 2% fees for its GBTC product if it converts to a spot ETF, though the exact reduction is not specified.
"the fees for gbtc are two percent which is exceptionally High compared to most ETFs ... Michael said the fees will drop but you did not specify the amount"
Grayscale GBTC Fees
Pending