K33 Research: The approval of the spot Bitcoin ETF in January seems “certain”

The approval of the spot Bitcoin ETF in January seems to be a "done deal". The application update in January indicates that the applicant has agreed to set up cash creation before the deadline of January 10th. K33 senior analyst Vetle Lunde and Vice President Anders Helseth said: "Cash creation is not the most efficient structure, but the applicant's update further sends a signal that is favorable for the ETF to be approved within the next three weeks."