Finally, the expected good news came from the SEC and spot Bitcoin ETF‘s were approved.
After this news, statements came one after another from the important names of the cryptocurrency market, and one of them was the statement made by the prominent names of the crypto money market. Grayscale CEO Michael SonnensheinIt came from.
“We already knew ETFs would be approved,” Grayscale CEO told Tech Crunch.
The famous CEO stated that the most critical event that forced the SEC to make its approval decision was Grayscale’s victory against the SEC. “I believe the most critical thing that brought spot Bitcoin ETF approvals was the DC Circuit Court of Appeals decision in favor of Grayscale.” said.
“I’ve known these approvals were coming for 10 years.
We always knew that investor sentiment would reach this point with US regulators.
These approvals were a breakthrough moment not only for Grayscale, but for the entire industry. “It became a catalyst for Bitcoin and cryptocurrencies.”
*This is not investment advice.
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