Crypto is salivating not only over the court’s pro-ETF ruling, but anti-SEC comments. The top U.S. securities regulator fell “short of the standard,” made “unexplained” calls and “failed to adequately explain” its argument. In particular, the SEC didn’t make a good enough case for approving some bitcoin-related exchange-traded products (namely futures-based products), and not others.
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- Source: https://www.coindesk.com/consensus-magazine/2023/08/29/the-real-reasons-the-grayscale-bitcoin-etf-decision-matters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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