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Bitcoin sags as Grayscale verdict awaited
Cryto traders are watching the clock today and waiting for an 11 am (or just before) ruling on the Grayscale Trust vs SEC case in the D.C. Circuit Court. It won't necessarily come at that time, or today at all but rulings typcically come on Tuesdays and Fridays.Blockworks is out with a report today saying the court is likely to require the SEC to re-review the application to convert to a spot Bitcoin ETF. Such a decision would re-set the clock and take up to 240 days.It's tough to guess how the...
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Posted: Aug 22 2023, 13:49
Author Name: forexlive
Views: 112561