Polymarket Markets Predicts 89% Chance of Bitcoin Spot ETF Approval by January 15
On January 3rd, it was reported that the decentralized prediction platform, Polymarket, has a prediction contract for the approval of a Bitcoin ETF before January 15th. The price for the "Yes" side of the contract is 89 cents, which means that Polymarket's traders believe there is an 89% chance of this event happening this month, a significant increase from the roughly 50% chance a month ago. Currently, the amount of bets on this prediction contract on Polymarket has reached $618,000, making it the top trending contract on the platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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