Satoshi

Identity

Spot

James

As the deadline approaches for the U.S. Securities and Exchange Commission (SEC) to respond to the court's decision in favor of cryptocurrency company Grayscale, Bloomberg analysts James Seyffart and Eric Balchunas share their views on the possible consequences.
James Seyffart believes the SEC is unlikely to appeal. Even if an appeal were made, Seyffart is confident the SEC would not succeed. He predicts that the most likely outcome will be a clearer understanding of the next steps in this process.
Eric Balchunas agrees with Seyffart and says an objection or rejection from the SEC is unlikely. Balchunas sees the SEC's active engagement with existing ETF filings as a significant change from their usual approach. According to Balchunas, this level of interaction has never been seen before.
Related News: <a href="https://en.bitcoinsistemi.com/account-claiming-to-be-satoshi-shares-when-he-will-reveal-his-identity-in-a-mysterious-message/" target="_blank" rel="noopener noreferrer nofollow">Account Claiming to Be Satoshi Shares When He Will Reveal His Identity in a Mysterious Message</a>
Balchunas continues to maintain a positive outlook, keeping the probability of approval of a Bitcoin spot ETF by the end of the year at 75%. He thinks that this possibility will increase only if the decision is extended until mid-January.
In a statement he made 10 days ago, Balchunas talked about rumors that the SEC had reached out to Bitcoin Spot ETF applicants and described this as an unprecedented move.
*This is not investment advice.
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/sec-deadlocked-in-grayscale-case-bloomberg-analysts-explain-what-will-happen-this-week/">SEC Deadlocked in Grayscale Case: Bloomberg Analysts Explain What Will Happen This Week</a>

SEC Deadlocked in Grayscale Case: Bloomberg Analysts Explain What Will Happen This Week

Bitcoin Sistemi EN

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