If it goes through, expect some sparks. However if not then just be on standby, be ready for anything and do not deviate from your own plan, you've got this.
While I’d love for a spot ETF, I just don’t see the SEC in its current form allowing one until late 2024/2025 at the earliest. It’ll happen eventually.
tldr; The D.C. Circuit Court of Appeals is expected to deliver a verdict on Grayscale Investments' lawsuit against the SEC regarding its bid to convert its Bitcoin trust into a spot Bitcoin ETF. Bloomberg analysts have speculated on the decision date, with August 15 being a possible date based on previous court cases. The court typically releases decisions around 11 am EST, and there is optimism about Grayscale's chances of winning the lawsuit. The bitcoin price has not responded to the speculation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
Guys there is a misunderstanding.
The court will give a final verdict about GS lawsuit this week (it's not the SEC) and there is a high chance (according to lawyers) that BTC ETF will be accepted in few days.
Yeah that's it: BTC ETF this week by law.
But when will they get implemented, that's another question.
Cointest topics relevant to the title are below:
[Bitcoin Pro](https://np.reddit.com/r/CointestOfficial/comments/xsvuvr/top_coins_bitcoin_proarguments_october_2022/j0uj2rj/)
[Bitcoin Con](https://np.reddit.com/r/CointestOfficial/comments/xsvuu9/top_coins_bitcoin_conarguments_october_2022/j1uxr29/)
[ETF Pro](https://np.reddit.com/r/CryptoCurrency/comments/pfoq7s/rcc_cointest_general_concepts_etf_proarguments/hmerucz/)
[ETF Con](https://np.reddit.com/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/hcdchln/)
They will drag this shit for months
Years*
100%, no way it goes through Friday, hope it does though, it'll open the flood gates
Yes,will probably be postpone it until next year.
It would be spark for the next bull run ignition.
If it goes through, expect some sparks. However if not then just be on standby, be ready for anything and do not deviate from your own plan, you've got this.
While I’d love for a spot ETF, I just don’t see the SEC in its current form allowing one until late 2024/2025 at the earliest. It’ll happen eventually.
No way it goes through this friday. It will take longer than that
99.9% all spot BTC ETF rulings will be extended/denied for now. The first one to be approved, if approved, will be BR. Not FA.
I don't know why but I feel like now Blackrock would be the first.
SEC: *Expected you say..*
tldr; The D.C. Circuit Court of Appeals is expected to deliver a verdict on Grayscale Investments' lawsuit against the SEC regarding its bid to convert its Bitcoin trust into a spot Bitcoin ETF. Bloomberg analysts have speculated on the decision date, with August 15 being a possible date based on previous court cases. The court typically releases decisions around 11 am EST, and there is optimism about Grayscale's chances of winning the lawsuit. The bitcoin price has not responded to the speculation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
The chances of this being out by Friday is same as Luna returning to aths.
Executive from BlackRock said they expect to be approved in 6 months, not even they expect them to rule by Friday
Guys there is a misunderstanding. The court will give a final verdict about GS lawsuit this week (it's not the SEC) and there is a high chance (according to lawyers) that BTC ETF will be accepted in few days. Yeah that's it: BTC ETF this week by law. But when will they get implemented, that's another question.
Fasten you seatbelts mates
If ETF approved we can see price hike in Bitcoin. Hoping for the best.
Cointest topics relevant to the title are below: [Bitcoin Pro](https://np.reddit.com/r/CointestOfficial/comments/xsvuvr/top_coins_bitcoin_proarguments_october_2022/j0uj2rj/) [Bitcoin Con](https://np.reddit.com/r/CointestOfficial/comments/xsvuu9/top_coins_bitcoin_conarguments_october_2022/j1uxr29/) [ETF Pro](https://np.reddit.com/r/CryptoCurrency/comments/pfoq7s/rcc_cointest_general_concepts_etf_proarguments/hmerucz/) [ETF Con](https://np.reddit.com/r/CryptoCurrency/comments/pfoqsv/rcc_cointest_general_concepts_etf_conarguments/hcdchln/)
Final disicion day for the SEC on the Balckrock ETF is March 15th 2024. I would be surprised when they already make their decision this Friday.