Grayscale won SEC lawsuit for BTC ETF review 🥳

in H4LAB Researchlast year (edited)

1000005264.jpg

Source: Breaking: Grayscale wins SEC lawsuit for Bitcoin ETF review

It's just the beginning for approving Bitcoin(BTC) spot ETFs. It's the matter of time for approving them. Many BTC spot ETFs have been reviewing by SEC(Securities and Exchange Commission), and still being disapproved.

As the result, BTC surged 12 hours ago. Now, it's being consolidated.

I started investing cryptocurrencies when it was Dec 2017. At that time, while there were some news about approving BTC spot ETFs, they were rejected.

Approving BTC spot ETFs are a long time dream for crypto investors. I think the time is not far from here. Because, Hong Kong 🇭🇰 crypto market is opening the crypto market, and absorbing many individual crypto investors. Since U.S. might lose the initiative of crypto industry, U.S. regulatoin authorities can't ignore these changes.

Sort:  

Upvoted! Thank you for supporting witness @jswit.