Bitcoin ETF Approval Bets Surge to $1.5 Million on Polymarket
Key Takeaways Crypto traders have placed approximately $1.5 million in bets on Polymarket regarding the SEC's decision on Bitcoin ETF applications. The majority of bets favor the approval of the Bitcoin ETF, with 'Yes' shares currently priced higher than 'No' shares. The betting has elicited varied reactions in the crypto community, ranging from criticism to humorous comments on personal stakes.
Key Takeaways
- Crypto traders have placed approximately $1.5 million in bets on Polymarket regarding the SEC's decision on Bitcoin ETF applications.
- The majority of bets favor the approval of the Bitcoin ETF, with 'Yes' shares currently priced higher than 'No' shares.
- The betting has elicited varied reactions in the crypto community, ranging from criticism to humorous comments on personal stakes.
