✨ SEC Silent on Grayscale ETF Verdict: No Appeal in Sight!
posted 14 Oct 2023
The Grayscale Bitcoin Spot ETF decision isn't on the SEC's appeal agenda.
In light of this, the approval probability for Bitcoin spot ETFs has been ramped up to 90% by Bloomberg's Eric Balchunas and James Seyffart.
In the span of the next two weeks, we anticipate further clarity from the SEC on the applications. If the decision swings positive, the conversion application of the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF will undergo a review.
Uncover the excitement behind this move in our detailed post.
In light of this, the approval probability for Bitcoin spot ETFs has been ramped up to 90% by Bloomberg's Eric Balchunas and James Seyffart.
In the span of the next two weeks, we anticipate further clarity from the SEC on the applications. If the decision swings positive, the conversion application of the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF will undergo a review.
Uncover the excitement behind this move in our detailed post.
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