Community Divides Over Debate on Friday’s ETF Approval: Report

• Bloomberg analyst James Seyffart dismissed rumors regarding the SEC’s Bitcoin ETF approval on Friday.
• The analyst asserts that the regulators will issue the approvals only next week.
• Fox Business reporter remained skeptical about the immediate approval of the Bitcoin ETFs.

James Seyffart, a senior ETF analyst at Bloomberg, reiterated his beliefs on the U.S. Securities and Exchange Commission’s (SEC) approval of the Bitcoin ETFs in the upcoming week, dismissing rumors about its approval this week.

Reinforcing his previous predictions, Seyffart asserted that the SEC is expected to give the approvals on January 8-10.

The crypto community has been anticipating ETF approvals by the end of this week, while multiple sources predicted the SEC’s significant move on Friday. For instance, TechCrunch reporter Jacquelyn Melinek shared an X post stating that multiple firms’ ETF applications would be approved on Friday.

However, prominent journalists like Eleanor Terrett and James Seyffart held the opposite view, asserting that the ETF approvals cannot be expected this week. In his recent post, Seyffart cited:

Lot of noise about tomorrow. Sti…

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