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December 19, 2023 –
NitroBetting.ecu, a distinguished Bitcoin-exclusive sportsbook, simply launched the first-of-their-kind Bitcoin Spot ETF having a bet strains. The brand new prediction marketplace is targeted at the SEC’s attainable Spot ETF approval date, in addition to hypothesis on which ETF sponsor would be the first to obtain approval. In line with the printed odds, the marketplace thinks it much more likely than no longer that the SEC approves a Spot BTC ETF via 1/10/2024, with odds sitting at -1667 for, and +650 towards.
In regards to ETF sponsors, on the time of writing, simultaneous popularity of a couple of candidates is essentially the most liked state of affairs (-250), with Blackrock main the pack as maximum liked for standalone approval (+120). Of all of the attainable Spot ETF sponsors, Wisdomtree (+2900) and Invesco (+2900) are the least liked via having a bet line contributors in keeping with the Nitrobetting website online:

Whilst the bitcoin marketplace has reputedly reacted undoubtedly to attainable Spot ETF approval — lately buying and selling across the $42,000 value degree — it continues to be observed if the optimism is warranted. The brand new Spot ETF prediction marketplace would possibly assist to supply larger readability for buyers.
In a commentary submitted to Bitcoin Mag, Nitrobetting.ecu stated the next: “Amidst the anticipation of Spot ETF approval within the U.S., Nitrobetting is overjoyed to supply the first-ever having a bet strains for this tournament, inviting gamers to enroll in in and feature some amusing on this historical time.
With over 10+ years in Bitcoin gaming, we’re at the leading edge of this monetary evolution. That is greater than having a bet; it’s a birthday celebration of Bitcoin’s integration into the mainstream and a milestone for all the group.”
contributors can view to be had Bitcoin having a bet strains on the Nitrobetting website online. Strains come with Spot ETF wagers, 2024 halving value predictions, Bitcoin dominance, and Bitcoin prison soft predictions.
Disclaimer: Nitrobetting is a sponsor of Bitcoin Mag’s “The Bitcoin Halving Problem”, a competition for contributors to wager the cost of bitcoin on the 2024 halving for a possibility to win a proportion of one BTC in prizes.
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