Bitcoin Slides As Analysts Remain Split on Prospects for Spot ETF Approval by January Deadline
• Bitcoin fell 7% amid analyst opinion on expected US spot bitcoin ETF approval by Jan 15 • Professional analysts remain mixed but largely forecast SEC approval, as does the crypto community betting on Polymarket • Over 83% of Polymarket bets favor ETF approval, similar to 90% probability from ETF analysts • Polymarket user comments suggest ETF will be approved eventually even if not by Jan 15 deadline • Billions in directional bitcoin trades rest on ETF decision, making it one of most influential in recent years