Company Founder Explains Speculative Bitcoin ETF Comment - Koin Bulletin

Jihan Wu, the founder of Matrixport, clarified the report published by the company regarding the rejection of spot Bitcoin ETFs.

Jihan Wu said, "Matrixport analysts work independently, sharing their views without any interference or influence from the management team." *Said.

In the report shared by Matrixport, it was suggested that the SEC may reject all applications for a spot Bitcoin ETF and the price of Bitcoin may fall below 40 thousand dollars.

Shortly after the report spread across the cryptocurrency industry, the price of Bitcoin fell below $42,000 before rebounding.

"In my view, it is inevitable that the SEC will approve spot ETFs that will bring fresh investment to Bitcoin," Wu said. Said.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)