<ul class="news-points"> 
 <li>Andrew Kang tweeted that a decision in the Grayscale vs SEC case is expected in the coming weeks.</li> 
 <li>According to Kang, the final decision will potentially expedite Bitcoin ETF approval.</li> 
 <li>Justin Slaughter shared that BlackRock’s iShares division is aiming for simultaneous approval with Grayscale.</li> 
</ul> 
Prominent crypto trader Andrew Kang tweeted on June 19 that the decision in the Grayscale versus SEC case is anticipated to arrive in the coming weeks. According to Kang, the decision could potentially expedite the approval of a <a href="https://coinedition.com/blackrock-bitcoin-etf-filing-receives-praise-from-crypto-expert/">Bitcoin ETF</a> before the required 240-day period. The 240-day period is the maximum timeframe set by the SEC for reviewing and considering an application for a BTC ETF. 
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 Decision in Grayscale vs SEC case expected in next few weeks Result could tip the tables to Bitcoin ETF approval much sooner than 240 day requirement Negative headline risk now balanced with positive headline risk <a href="https://t.co/jAaIE9bQhU" target="_blank" rel="nofollow">https://t.co/jAaIE9bQhU</a>— Andrew Kang (@Rewkang) <a href="https://twitter.com/Rewkang/status/1670689835349340161?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 19, 2023</a>
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Kang added that the current balance of negative headline risk has been offset by a positive one. 
The above was in response to Paradigm Policy Director Justin Slaughter, who confirmed that in the case of t…
The post <a rel="nofollow" href="https://coinedition.com/grayscale-vs-sec-verdict-could-expedite-bitcoin-etf-approval-trader/">Grayscale vs SEC Verdict Could Expedite Bitcoin ETF Approval: Trader</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Grayscale vs SEC Verdict Could Expedite Bitcoin ETF Approval: Trader

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