What The Grayscale vs. SEC Lawsuit Verdict Means! Bitcoin ETF likely to happen this year? 🪙⚖️

Last week Grayscale made a landmark court victory against the SEC, making the likelihood of a Bitcoin ETF being approved all but certain. Bitcoin rose nearly $2k in value in hours, but then the SEC came out and proclaimed that the were delaying ALL the Spot ETF filings another 45 days, which kicked the stool out of those gains Bitcoin just made. What does this all mean?

⛓️ 🔗 Useful Links 🔗 ⛓️
► Grayscale Win: https://archive.ph/PUe1l
► Grayscale Legal Statements: https://www.youtube.com/watch?v=VJmFL0tfECo
► Difference Between GBTC & Bitcoin ETFs: https://www.sec.gov/news/statement/peirce-uyeda-statement-nft-082823
► Why Grayscale Case Important: https://www.reuters.com/business/finance/whats-stake-grayscales-spot-bitcoin-etf-case-against-sec-2023-08-29/

- TIMESTAMPS -
00:00 - Intro
00:50 - Grayscale’s GBTC
02:19 - GBTC to ETF
04:24 - Lawsuit
06:35 - Implications: BTC
07:26 - Implications: Institutions
09:28 - Implications: Grayscale
12:33 - Outro

Original Video by Coin Bureau: https://www.youtube.com/watch?v=s6HdClRWKw4

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