In this market, participants will have the opportunity to speculate on the likelihood of a Bitcoin Exchange-Traded Fund (ETF) receiving regulatory approval within the year 2023. This prediction market aims to gauge the collective sentiment and opinions of traders regarding the possibility of a BTC ETF being approved this year.
The objective of this prediction market is to predict whether regulatory authorities will greenlight the launch of a Bitcoin ETF in 2023. The introduction of a Bitcoin ETF has been a topic of significant interest and speculation within the cryptocurrency community, as it could potentially provide institutional investors with a regulated and convenient way to gain exposure to Bitcoin.
This market will resolve “YES’ if an announcement of a BTC ETF being approved is made by pertinent regulatory agencies, reputable news outlets, or an official statement from ETF sponsors before the end of 2023 (UTC). This market will resolve ‘No’ otherwise.