First-Ever Bitcoin Spot ETF Prediction Market, Betting Odds Published By Nitrobetting.eu

December 19, 2023 – NitroBetting.eu, a prominent Bitcoin-exclusive sportsbook, just released the first-of-their-kind Bitcoin Spot ETF betting lines. The new prediction market is focused on the SEC’s potential Spot ETF approval date, as well as speculation on which ETF sponsor will be the first to receive approval. According to the published odds, the market thinks it more likely than not that the SEC approves a Spot BTC ETF by 1/10/2024, with odds sitting at -1667 for, and +650 against.

With regard to ETF sponsors, at the time of writing, simultaneous approval for multiple applicants is the most favored scenario (-250), with Blackrock leading the pack as most favored for standalone…

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