{"id":215563,"date":"2023-12-19T17:42:38","date_gmt":"2023-12-19T12:12:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/xrp-attorney-deaton-agrees-to-odds-of-spot-bitcoin-etf-approval-at-98-7-crypto-news\/"},"modified":"2023-12-19T17:42:40","modified_gmt":"2023-12-19T12:12:40","slug":"xrp-attorney-deaton-agrees-to-odds-of-spot-bitcoin-etf-approval-at-98-7-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrp-attorney-deaton-agrees-to-odds-of-spot-bitcoin-etf-approval-at-98-7-crypto-news\/","title":{"rendered":"XRP Attorney Deaton Agrees To Odds Of Spot Bitcoin ETF Approval At 98.7% &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>John E. Deaton<\/strong>, an attorney representing 75,000 XRP holders, reacted to valued investor and advisor <strong>Mike Alfred<\/strong> anticipating a <strong>98.7% odds<\/strong> of a spot Bitcoin ETF approval. Other experts are also expecting higher odds of spot Bitcoin ETF approval as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-etf-btc-jumps-5-as-blackrock-wisdomtree-file-updated-s1\/\">BlackRock<\/a>, Ark 21Shares, and WisdomTree amend form S1 to include a cash redemptions model.<\/p>\n<h2>XRP Attorney John Deaton On Spot Bitcoin ETF Approval Odds<\/h2>\n<p>Pro-XRP lawyer John E. Deaton reacted to Mike Alfred\u2019s post on X saying \u201cAgreed.\u201d Deaton also believes in higher odds of spot Bitcoin ETF approval due to constructive talks between the SEC and Bitcoin ETF issuers, and recent amendments to spot Bitcoin ETF filings.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Mike Alfred said spot Bitcoin ETF has a 98.7% chance of approval before January 10. However, there seems to be no excitement on Wall Street as January call options for many BTC miners are undervalued.<\/p>\n<p>Bloomberg analysts have kept the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/odds-of-spot-bitcoin-etf-approval-by-us-sec-rises-above-90-bloomberg\/\">odds of spot Bitcoin ETF approval<\/a> at 90% for over two months. As the January 10 deadline for the SEC\u2019s decision on spot Bitcoin ETF looms, experts pointed out higher odds chances of a spot Bitcoin ETF.<\/p>\n<p><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\">\u201cThe level of SEC engagement and back\/forth\/changes on the <\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"> ETF tells us this is a 99.9% done deal,\u201d says trader and investor <strong>Bob Loukas<\/strong>.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" title=\"Breaking: Cathie Wood\u2019s Ark Invest Sells $28M GBTC As ETF Approval Nears, Buys Jack Dorsey\u2019s SQ\" href=\"https:\/\/coingape.com\/cathie-wood-ark-invest-sells-28m-gbtc-etf-approval-nears-buys-jack-dorseys-sq\/\">Cathie Wood\u2019s Ark Invest Sells $28M GBTC As ETF Approval Nears, Buys Jack Dorsey\u2019s SQ<\/a><\/strong><\/p>\n<h2>Spot Bitcoin ETF Approval This Week<\/h2>\n<p>There is also anticipation of approval coming this week as Ark 21Shares, BlackRock, and WisdomTree abided with the SEC\u2019s request and updated their <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/spot-bitcoin-etf-filings-blackrock-wisdomtree-amend-form-s-1\/\">S-1 for cash creates<\/a>.<\/p>\n<p>Bloomberg analyst <strong>James Seyffart<\/strong> and finance lawyer <strong>Scott Johnsson<\/strong> reacted, saying \u201cNot impossible but unlikely imo. SEC historically has waited until the last day or two before the deadline to issue order; I think we\u2019re likely to see 19b-4 amendments to reflect cash model; and we have issuers in a comment period.\u201d Seyffart also agreed with a Jan 8-10 approval.<\/p>\n<p><strong>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" title=\"7RCC Files First ESG-Focused Spot Bitcoin ETF With Gemini As Custodian\" href=\"https:\/\/coingape.com\/7rcc-files-first-esg-focused-spot-bitcoin-etf-with-gemini-as-custodian\/\">7RCC Files First ESG-Focused Spot Bitcoin ETF With Gemini As Custodian<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/odds-of-spot-bitcoin-etf-approval-at-98-7-xrp-attorney-john-deaton-agrees\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/odds-of-spot-bitcoin-etf-approval-at-98-7-xrp-attorney-john-deaton-agrees\/\"><br \/>\n  <noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA170144\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD170144\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/decoding-binance-is-it-safe\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"HD-wallpaper-binance-1-2021-2022-bitcoin-black-crypto-ethereum-gold-uk-usa\" decoding=\"async\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-HD-wallpaper-binance-1-2021-2022-bitcoin-black-crypto-ethereum-gold-uk-usa.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-HD-wallpaper-binance-1-2021-2022-bitcoin-black-crypto-ethereum-gold-uk-usa-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-HD-wallpaper-binance-1-2021-2022-bitcoin-black-crypto-ethereum-gold-uk-usa-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-HD-wallpaper-binance-1-2021-2022-bitcoin-black-crypto-ethereum-gold-uk-usa.jpg\" 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https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Solana\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-Solana-2-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Solana Surpasses Bitcoin: Impact on Altcoins & DeFi Dominance <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/solana-memecoin-bonk-faces-imminent-correction\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1\" decoding=\"async\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1-150x200.jpg 150w\" data-lazy-sizes=\"(max-width: 640px) 100vw, 640px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/cropped-1702641208-bonk-price-prediction-as-the-hottest-meme-coin-keeps-hitting-new-all-time-highs-can-bonk-reach-1-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Solana Memecoin \u201cBONK\u201d Faces Imminent Correction <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>John E. Deaton, an attorney representing 75,000 XRP holders, reacted to valued investor and advisor Mike Alfred anticipating a 98.7% odds of a spot Bitcoin ETF approval. Other experts are also expecting higher odds of spot Bitcoin ETF approval as BlackRock, Ark 21Shares, and WisdomTree amend form S1 to include a cash redemptions model. XRP [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":190215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-215563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/215563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=215563"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/215563\/revisions"}],"predecessor-version":[{"id":215564,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/215563\/revisions\/215564"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/190215"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=215563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=215563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=215563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}