Vijay Boyapati forecasts ETH ETF May rejection could benefit BTC.According to the prediction markets platform,Bloomberg ETF analysts Eric Balchunas and James Seyffart, who correctly predicted the US spoton X, Seyffart highlighted SEC’s “silence” and “no feedback” to recent ETH ETF filings as “violence” to clients.
Seyffart was reacting to Balchunas’ statement that SEC wasn’t giving “critical feedback” even during in-person meetings. This meant that odds for May approval were still low.With May fast approaching and approval odds seeming elusive, Vijay Boyapati, commentator and author of “The Bullish Case for Bitcoin,”“All the hot money that flowed into ETH because of ETF hopium is going to go back into Bitcoin once the Ethereum ETFs are all rejected.
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