All Spot Bitcoin ETFs Could Be Approved By This Fall: ‘Ball Is Now In SEC’s Court,’ Says CNBC’s Bob Pislani

CNBC Senior Market Correspondent Bob Pisani on Thursday said the SEC’s upcoming decision on Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) will determine whether they choose to yield or persist in the battle. What Happened: “The ball is now in the SEC’s court a lot depending on whether SEC chair Gary Gensler wants to fold or fight to the end,” Pisani said. This comes as a federal court order directed the SEC to reconsider its rejection of Grayscale Investments’ application. Grayscale, the entity behind the crypto fund, first attempted to transform its GBTC closed-end fund into an ETF in Oc…

Read More