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re: Official CryptoTalk Thread
Posted on 6/16/23 at 2:39 pm to LSUtiger17
Posted on 6/16/23 at 2:39 pm to LSUtiger17
quote:SEC has denied ~100 Bitcoin spot ETFs
Hasn't the SEC already denied applications to create a spot etf for BTC? Grayscale already filed to convert its trust, GBTC, to a BTC spot etf and the SEC denied its request around a year ago. Grayscale then filed a lawsuit against the SEC, and a decision is imminent. Any idea if this means BlackRock suspects the court will side with Grayscale and order the SEC to permit spot etfs?
Blackrock currently has a 99.8% ETF approval rating which is something like a 575 win to 1 loss rate.
Wonder which statistic gets destroyed here
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