713: FUTURES-BASED BITCOIN ETF HAS ’75% CHANCE OF APPROVAL’ IN OCTOBER, SAYS BLOOMBERG SENIOR ETF ANALYST

<p>A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month - in some form.</p> <p>In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule” for the regulatory green light.</p> <p><em>"Yes, the SEC has kicked can on bitcoin ETF approval BUT that is for the physically-backed ones under '33 Act. The futures ETFs filed under the '40 Act (which Genz loves) are very much alive and likely on schedule (we think 75% chance approved in Oct)."</em></p> <p><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> For complete show notes and for the full premium experience with video, visit our YouTube channel at <a href= "http://cryptonewsalerts.net">http://CryptoNewsAlerts.net</a></span></p>