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re: Official CryptoTalk Thread
Posted on 6/15/23 at 4:58 pm to I Love Bama
Posted on 6/15/23 at 4:58 pm to I Love Bama
quote:
BlackRock Spot ETF.
Hasn't the SEC already denied applications to create a spot etf for BTC? Grayscale already filed to convert its trust, GBTC, to a BTC spot etf and the SEC denied its request around a year ago. Grayscale then filed a lawsuit against the SEC, and a decision is imminent. Any idea if this means BlackRock suspects the court will side with Grayscale and order the SEC to permit spot etfs?
2
Posted on 6/15/23 at 5:04 pm to LSUtiger17
quote:
Any idea if this means BlackRock suspects the court will side with Grayscale and order the SEC to permit spot etfs?
Winner winner chicken dinner. BlackRock owns the government. They already know what’s coming.
Posted on 6/16/23 at 2:39 pm to LSUtiger17
quote:SEC has denied ~100 Bitcoin spot ETFs
Hasn't the SEC already denied applications to create a spot etf for BTC? Grayscale already filed to convert its trust, GBTC, to a BTC spot etf and the SEC denied its request around a year ago. Grayscale then filed a lawsuit against the SEC, and a decision is imminent. Any idea if this means BlackRock suspects the court will side with Grayscale and order the SEC to permit spot etfs?
Blackrock currently has a 99.8% ETF approval rating which is something like a 575 win to 1 loss rate.
Wonder which statistic gets destroyed here
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