๐๐ฅ SEC won't appeal court's decision on Grayscale's #Bitcoin ETF, possibly paving the way for the first BTC ETF in the US! BTC price soars past $27k! ๐
The D.C. Circuit Court of Appeals called SEC's denial of Grayscale's application "arbitrary and capricious" in August. What do you think the SEC will do next? ๐ค
Grayscale's GBTC is the largest crypto fund in the world, and converting it into an ETF could eliminate the discount between its price and underlying bitcoin. Will this be a game-changer for the market? Share your thoughts below! ๐
