How Appeals Court Paves The Way For Spot Bitcoin ETFs

Grayscale versus SEC outcome is positive for all issuers except Grayscale, notes Bruno Sousa. He discusses how the appeals court paves the way for spot Bitcoin ETFs. He talks about the takeaways from the court’s decision on Grayscale versus SEC. He mentions that BTC and ETH maintained sustainability despite bond turbulence. He highlights that ETH ETF applications have surged and speculation mounts that the SEC will approve its first ETF based on ETH futures. He also goes over how ETF approval could impact crypto demand going forward. He forecasts crypto for the rest of 2023 and potential holdups for spot Bitcoin ETFs. Tune in to find out more about the stock market today.