10x Research: Narrowing Discount of Grayscale Ethereum Trust Indicates 90% Probability of Approval for Spot Ethereum ETF

News: 10x Research, a professional investment research firm, recently posted on social media that just hours before the approval of the Bitcoin spot ETF, Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), tweeted that cryptocurrency investors should consider all potential risks before making any investments. It is expected that around 9 am Eastern Time today, there may be a tweet providing more explicit information about the imminent approval. As the SEC previously issued warning signals regarding ETFs related to cryptocurrency futures, it is evident that the Bitcoin ETF will be approved in January 2024.