Funding Rates Extreme, Traders Await Position Closure! Analyst: 75% Probability of Bitcoin ETF Becoming a "Sell the News Event"
Funding Rates Extreme, Traders Await Position Closure! Analyst: 75% Probability of Bitcoin ETF Becoming a "Sell the News Event"
Funding Rates Extreme, Traders Await Position Closure! Analyst: 75% Probability of Bitcoin ETF Becoming a "Sell the News Event"

According to a report by The Block, analyst Vetle Lunde from cryptocurrency research firm K33 stated in a recent report that the decision on the Bitcoin spot ETF is expected to be made between January 8 and January 10. It is possible that related news may leak in advance and have an impact on the market. However, Vetle Lunde believes that the approval of the Bitcoin spot ETF is likely to be a “sell the news” event.

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