analyst

There has been a lot of hype over a bitcoin exchange-traded fund (ETF) arriving in the U.S. since at least 2017, with many firms filing for regulatory approval to offer one this year.

Although many filings have been made with the U.S. Securities and Exchange Commission (SEC), the agency has not yet approved one. But Bloomberg’s top ETF analyst, Eric Balchunas, recently claimed that 2021 is a unique year for Bitcoin and made the case that an approval of a bitcoin ETF in the U.S. might be imminent.

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