On January 3rd, it was reported that the decentralized prediction platform, Polymarket, has a prediction contract for the approval of a Bitcoin ETF before January 15th. The price for the "Yes" side of the contract is 89 cents, which means that Polymarket's traders believe there is an 89% chance of this event happening this month, a significant increase from the roughly 50% chance a month ago. Currently, the amount of bets on this prediction contract on Polymarket has reached $618,000, making it the top trending contract on the platform.