{"id":20111,"date":"2023-08-30T14:42:54","date_gmt":"2023-08-30T14:42:54","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=20111"},"modified":"2023-08-30T10:43:01","modified_gmt":"2023-08-30T14:43:01","slug":"bitcoin-etf-launch-probabilities","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/bitcoin-etf-launch-probabilities\/","title":{"rendered":"Bitcoin ETF Launch Probabilities"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"ltr\"><a href=\"https:\/\/x.com\/ericbalchunas\/status\/1696887691122548798?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" style=\"border:1px solid #ccd6dd; border-radius: 12px;\" width=\"500\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/ericbalchunas?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1489955411964928004\/JasZC1oX_normal.jpg\" style=\"border-radius: 50%; padding: 0px;\" height=\"48\" width=\"48\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width:8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/ericbalchunas?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: #292c2f; text-decoration: none;\">Eric Balchunas<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/ericbalchunas?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: #7e8c98;\">\u2066\u202a@EricBalchunas\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif;color: #292c2f; font-size: 18px; line-height: 24px; text-decoration: none;\">NEW: <a href=\"https:\/\/x.com\/JSeyff\">\u2066\u202a<span style=\"caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-family: UICTFontTextStyleBody; font-size: 17px; text-decoration: none;\">&nbsp;@JSeyff&nbsp;<\/span>\u202c\u2069<\/a> &amp; I are upping our odds to 75% of spot bitcoin ETFs launching this yr (95% by end of &#8217;24). While we factored Grayscale win into our prev 65% odds, the unanimity &amp; decisiveness of ruling was beyond expectations and leaves SEC w &#8220;very little wiggle room&#8221; via <a href=\"https:\/\/x.com\/NYCStein\">\u2066\u202a\u202c<\/a><span style=\"caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-family: UICTFontTextStyleBody; font-size: 17px;\">@NYCStein<\/span><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/ericbalchunas\/status\/1696887691122548798?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"font-family: Helvetica, Arial, san-serif;color: #667785; font-size: 14px; line-height: 18px; text-decoration:none;\">8\/30\/23, 9:08 AM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><img decoding=\"async\" alt=\"image2.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/image2-25.jpeg\"><\/div>\n<div dir=\"ltr\">NEW: @JSeyff &amp; I are upping our odds to 75% of spot bitcoin ETFs launching this yr (95% by end of &#8217;24). While we factored Grayscale win into our prev 65% odds, the unanimity &amp; decisiveness of ruling was beyond expectations and leaves SEC w &#8220;very little wiggle room&#8221; via @NYCStein<\/p>\n<p><a href=\"https:\/\/x.com\/ericbalchunas\/status\/1696889309704356318?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"500\" bgcolor=\"#ffffff\" style=\"border: 1px solid rgb(204, 214, 221); border-radius: 12px;\">\n<tbody>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/ericbalchunas?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/JasZC1oX_normal.jpg\" height=\"48\" width=\"48\" style=\"border-radius: 50%; padding: 0px;\" alt=\"JasZC1oX_normal.jpg\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width: 8px;\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/spacer-12.png\" width=\"8\" alt=\"spacer.png\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/ericbalchunas?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: rgb(41, 44, 47); text-decoration: none;\">Eric Balchunas<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/ericbalchunas?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: rgb(126, 140, 152);\">\u2066\u202a@EricBalchunas\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/logo_twitter-1497383721365-12.png\" height=\"20\" width=\"24\" alt=\"logo_twitter-1497383721365.png\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/spacer_464x1-1582829598167-12.png\" width=\"464\" height=\"1\" alt=\"spacer_464x1-1582829598167.png\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(41, 44, 47); font-size: 18px; line-height: 24px;\">Beyond the legal loss, there is also the PR loss (which matters bc it sets narratives, changes minds). And this got covered far and wide in mainstream media incl NYT, WSJ, CNN, AP, ABC &amp; on and on. We think the legal and PR loss will combine to make denial politically untenable.&nbsp;<a href=\"https:\/\/t.co\/Uarh5CszXC\">pic.twitter.com\/Uarh5CszXC<\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/ericbalchunas\/status\/1696889309704356318?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"font-family: Helvetica, Arial, san-serif; color: rgb(102, 119, 133); font-size: 14px; line-height: 18px; text-decoration: none;\">8\/30\/23, 9:15 AM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" height=\"12\" style=\"font-size: 0px; line-height: 0px;\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\">WordPress\u2019d&nbsp;<\/span><span style=\"background-color: rgba(255, 255, 255, 0);\">from my personal iPhone,&nbsp;<\/span><span dir=\"ltr\" style=\"background-color: rgba(255, 255, 255, 0);\">650-283-8008<\/span><span style=\"background-color: rgba(255, 255, 255, 0);\">, number that&nbsp;Steve Jobs texted me on<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" alt=\"image0.png\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/image0-5.png\"><img decoding=\"async\" alt=\"image1.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/08\/image1-28.jpeg\"><br \/><\/span><\/div>\n<\/div>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div dir=\"ltr\">\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\">https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n<div><span style=\"font-size: 13pt;\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; Eric Balchunas \u2066\u202a@EricBalchunas\u202c\u2069 NEW: \u2066\u202a&nbsp;@JSeyff&nbsp;\u202c\u2069 &amp; I are upping our odds to 75% of spot bitcoin ETFs launching this yr (95% by end of &#8217;24). While we factored Grayscale win into our prev 65% odds, the unanimity &amp; decisiveness of ruling was beyond expectations and leaves SEC w &#8220;very little wiggle room&#8221; via [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20111","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/20111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=20111"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/20111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/20112"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=20111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=20111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=20111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}