The recent federal judge's rulings overturning the SEC's rejection of Grayscale's application to convert its Bitcoin Trust (GBTC) into an ETF have indeed increased the likelihood of a spot Bitcoin ETF approval by the SEC.
The judge's decision highlighted the SEC's failure to provide a clear rationale for its rejection, signaling a potential shift in the regulatory stance.... Read More: GBTC Price as Likelihood of Bitcoin ETF Grows Larger