The post Grayscale’s Strategic Move: SEC Meeting Paves the Way for Spot Bitcoin ETFs appeared first on Coinpedia Fintech News
Grayscale’s recent moves have set the crypto world abuzz, signaling a serious bid for a Bitcoin Exchange-Traded Fund (ETF). They’ve gone beyond just words, engaging in pivotal talks with the SEC and sealing a crucial pact with BNY Mellon. It’s as if they’re prepping for a triumphant return to the ETF landscape.
Grayscale’s Meeting with SEC: Is BlackRock Threatened?
Despite the SEC’s recent decision to delay the Bitcoin ETF verdict, there’s a palpable sense of optimism in the air. Analyst James Seyffart and others in the industry remain cautiously optimistic. Seyffart also said there a 90% chance that the ETF will get a nod by Jan 10. But the real game-changer? In response, SEC Commissioner Hester Pierce nodded for the Bitcoin ETF. Her stance hints at a possible shift within the SEC, especially after Grayscale’s previous success navigating t
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