**US Court Orders SEC Reexamination of GBTC to BTC Spot ETF Conversion** 🏛️: In a final verdict, a US court has ruled that the SEC must reevaluate Grayscale's application to convert GBTC to a Bitcoin spot ETF. This decision comes after the SEC opted not to appeal the Grayscale lawsuit. 📜🤔 #SEC #Grayscale #BTCEFT 🚀📊

Are you still fading $MEMEFI?? the next top gem? Its about to pump above 1M mcap, the next Dextools/CMC platform is here 💠 don't miss the real gem again.... Time to print.

Chart:
(https://memedefi.io/ethereum/0xfddbda688514dbcb7fa391ebc7964723da4d3921)

#BTC #BTCEFT #BinanceGems #BitcoinETFs!

**CryptoMom's Caution on BTC ETF** 🇺🇸📉: SEC Commissioner Hester Pierce, known as "CryptoMom," suggests that approval of a BTC spot ETF faces uncertainty in the short term, despite the belief it should have been approved earlier. She cites the recent Grayscale lawsuit ruling as a significant factor but remains cautious about predicting the SEC's stance. 🚫📊 #CryptoMom #BTCEFT #SEC #CryptoRegulation 🤞💼

🛑 Better Markets, a US non-profit, calls on the SEC to nix the approval of a spot BTC ETF due to potential investor harm. They argue that crypto mainly benefits illicit activities such as ransomware & money laundering. Moreover, they expressed doubts about relying on Coinbase for ETF manipulation monitoring, citing its non-dominant market share in Bitcoin spot trading. 🚫📈 #SEC #BTCEFT #CryptoRegulation.

**Uncertainty Looms Despite CUSIP Acquisition** 🏛️: Bloomberg ETF analyst Eric Balchunas highlights the significance of BlackRock's CUSIP acquisition and initial capital raise for a Bitcoin spot ETF, but he cautions against viewing it as a sure sign of SEC approval. He notes differing opinions on the timeline, with some speculating release within a week, while others expect it to take a month or two, with the SEC's deadline set for January 10th next year. 📈📄 #BlackRock #BTCEFT #SEC #cryptocurrency 📆🤞

#BTCEFT i think many waiting to not approve it now to buy more in the deep lets wait for my self im ready but hope that this not going to be now as many want buy more and be ready for the next bull run what about you 🤔🤔🤔