Major step forward in the approval of a spot Bitcoin ETF being approved in the US.
Yesterday the deadline passed for the SEC to appeal the Grayscale ETF application court decision.
As there are no objections it now looks like the GBTC conversion will now be approved in the next few months.
This is lining up nicely with the halving and the likelihood of central banks dropping interest rates.
I hope you’re paying attention 😃
Ben
npub1ul…fd4xe
2023-10-14 09:32:16
Author Public Key
npub1ulfws2x9rkhwq434h8865nwhuag3c2ujlwts4grhsqmlmssmfxsqrfd4xePublished at
2023-10-14 09:32:16Event JSON
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"content": "Major step forward in the approval of a spot Bitcoin ETF being approved in the US.\n\nYesterday the deadline passed for the SEC to appeal the Grayscale ETF application court decision.\n\nAs there are no objections it now looks like the GBTC conversion will now be approved in the next few months.\n\nThis is lining up nicely with the halving and the likelihood of central banks dropping interest rates.\n\nI hope you’re paying attention 😃",
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