SEC vs Grayscale: Awaiting the Final Verdict on the ETF

Adekunle Joshua

Two months ago, a dispute erupted between Grayscale and the SEC regarding a Bitcoin ETF

A federal court is set to formalize Grayscale’s victory over the US Securities and Exchange Commission in the lawsuit for a spot Bitcoin ETF application

If approved, Grayscale plans to convert its Bitcoin Trust to an ETF and offer it to investors through NYSE Arca

The crypto community eagerly awaits this historic move, as it could mark a significant shift in the market

Some traders also believe that if this spot Bitcoin ETF is approved, it will have a profound impact on the future of crypto investments.