The post Grayscale SEC Approval for the Bitcoin ETF Countdown Begins! appeared first on Coinpedia Fintech News

Grayscale may be one step closer to obtaining regulatory approval from the US Securities and Exchange Commission (SEC) to list its Bitcoin Trust as an exchange-traded fund (ETF). The SEC has until midnight tonight to file an appeal against a recent decision that allows Grayscale to move forward with its ETF application, citing a procedural issue. If the deadline passes without appeal, Grayscale will work with the SEC’s Corporation Finance and Trading and Markets departments to get the approval process moving. This could mark a significant step forward for the crypto industry.