Why is the SEC hitting PoS staking... or is it not doing that at all? Opinions actually vary, from once-off action, not to further worry, to continued boiling the water with unknowing destination - Amongst the expert opinions also my personal view on the matter
This year's Christmas Day is the earliest possible formal date for the SEC to approve the first Bitcoin SPOT ETF.
Grayscale Investment CEO, Michael Sonnenheim is confident that his application to convert the flagship product Grayscale Bitcoin Trust (OTCQX: GBTC) into a Bitcoin Spot ETF will be approved by the SEC. He derives this from the agency's recent approval of various bitcoin futures ETFs.
That would indeed be a watershed moment for the entire Crypto space, if there were not the SEC ...