Coinbase Suggests Partial Pricing-In of Bitcoin (BTC) Spot ETF Approvals

The Approval of Bitcoin (BTC) Spot ETFs is Already Partially Priced In, Coinbase Says

“The pricing of spot ETFs raises questions about the potential for Bitcoin to outperform further, should a favorable decision by the U.S. Securities and Exchange Commission (SEC) occur. In the event of one or more approvals, we anticipate significant net inflows. However, it’s important to note that such inflows may take time to materialize, and patience may be required, considering the typical impatience of financial markets,” as explained by Duong..

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