Extreme Funding Rates Traders Await Closure Analyst Probability of Bitcoin ETF Becoming a Sell the News Event is 75

According to a report by The Block, analyst Vetle Lunde from cryptocurrency research firm K33 pointed out in a recent report that a decision on the Bitcoin spot ETF will be made between January 8 and January 10. The related news may leak ahead of time and impact the market, but Vetle Lunde believes that the approval of the Bitcoin spot ETF is likely to be a “Sell the news” event.