K33 Research: The Bitcoin spot ETF is expected to make a decision between January 8 and January 10, and approval news may drive a Bitcoin sell-off

ChainCatcher news, according to K33 Research, the decision on the Bitcoin spot ETF is expected to be made between January 8 and January 10. However, news that could impact market trends may be announced in advance, and this news is likely to become a "sell-the-news" event.

Analyst Vetle Lunde stated that the probability of the approval event news being a "sell-the-news" scenario is 75%, while the likelihood of approval is 20%, and there is still a 5% chance that the ETF could be rejected. Everything indicates that traders face considerable risks before the ruling, and after BTC's continuous upward momentum over the past three months, derivatives have driven up significant premiums.