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Polymarket Markets Predicts Chances of Bitcoin Spot ETF Approval Before January 15 Briefly Drops to 70%

Polymarket Markets Predicts Chances of Bitcoin Spot ETF Approval Before January 15 Briefly Drops to 70%

CointimeCointime2024/01/04 00:25
By:Cointime

The probability of approval for a Bitcoin spot ETF on or before January 15 temporarily dropped to 70%. Polymarket gave a "yes" result on January 3 at 1:30 PM UTC regarding whether a spot Bitcoin ETF would be approved before January 15, with a price of 7 cents. Polymarket data and various other reports indicate that the "yes" result was priced at 89 cents on January 2. Current Polymarket data shows that "yes" is currently priced at 84 cents.

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