David Thomas

David Thomas is a journalist with experience covering cryptocurrency news. He has written for several publications including BeInCrypto and Cointelegraph.

Biography:  https://beincrypto.com/spot-bitcoin-etf-countdown-highlights/

35%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a poor reputation for journalistic standards and is not considered a reliable news source.

Bias

10%

Examples:

  • The article presents Grayscale and Fidelity Investments as pioneers in bringing Bitcoin to institutional investors through its Bitcoin Trust when they are not actually responsible for introducing spot Bitcoin ETFs to the market. This statement is misleading and potentially harmful to readers who may base their investment decisions on it.

Conflicts of Interest

50%

Examples:

  • There is no evidence to support that Grayscale SEC Filing Stokes Bitcoin Spot ETF Hype. This statement is misleading and potentially harmful to readers who may base their investment decisions on it.

Contradictions

10%

Examples:

  • Bloomberg analyst James Seyffart predicts that most successful applicants will be operationally ready to launch their ETFs within days rather than weeks, which contradicts the SEC's own statement on the matter. This statement is misleading and potentially harmful to readers who may base their investment decisions on it.

Deceptions

30%

Examples:

  • The article presents Grayscale and Fidelity Investments as pioneers in bringing Bitcoin to institutional investors through its Bitcoin Trust when they are not actually responsible for introducing spot Bitcoin ETFs to the market. This statement is misleading and potentially harmful to readers who may base their investment decisions on it.

Recent Articles

The SEC Reviews Filings for Spot Bitcoin ETFs

The SEC Reviews Filings for Spot Bitcoin ETFs

Broke On: Friday, 05 January 2024 The SEC is reviewing filings for spot bitcoin ETFs Grayscale Investments needs to file an amended form 19b-4 and S-1 forms before trading can begin BlackRock's spot bitcoin ETF doesn't have a deadline until March, but there is still some uncertainty about when it will launch The SEC has been working closely with issuers over the last few months to fix any remaining concerns, including redemption models, authorized participants and managing hard forks and airdrops Some spot bitcoin ETFs don't have deadlines until March, but there is still some uncertainty about when they will launch