Grayscale Bitcoin ETF Filing Back in the SEC’s Radar for November 2nd Decision!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Oct 31, 2023 8:53

The US Securities and Exchange Commission (SEC) is preparing for a closed-door meeting to potentially discuss Grayscale’s application for a spot Bitcoin ETF, following the U.S. Court of Appeals’ mandate to revisit the decision. The meeting will include officials ranging from commissioners to counsel to the commissioners and the secretary to the commission. The SEC’s notice for the November 2, 2023, meeting also listed other subjects, including the institution and settlement of administrative proceedings and the resolution of litigation claims. The October 13, 2023, deadline has already set the stage for a time-bound approval process for the US’s first-ever spot Bitcoin ETF approval.