Jan 4, 2024

Matrixport Head of Research and Strategy Markus Thielen joined CoinDesk's "Markets Daily" podcast to discuss the crypto financial services platform's latest prediction that the SEC could reject spot bitcoin ETF applications in the U.S. this month.

Video transcript

Of course, we expect that eventually these ETF S will be approved. We just think there is like a key component uh potentially missing in the approval process, but it might be pushed out a couple of months. So we're not saying this is never going to happen. We just think that might not be all fulfilled what the sec is really looking for. And in that case, it might, you know, take a couple of more months. But I think then we expect really the the market really to, to broaden out and you know, too early. And as I said, we probably uh make a, make a new high by then.

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