The #criptomonedas industry was risking a good part of its future in the #Grayscale trial. And it has won
The crypto world applauds the courts' decision with Grayscale. The United States Securities and Exchange Commission (#SEC ) has lost its battle against investment firm Grayscale. At stake was whether Bitcoin's #ETF were legal. And the District Court of Columbia has said yes. We explain what all this consists of, why it opens many possibilities for Bitcoin and how this news is having a positive impact on the price of the cryptocurrency.
What are Bitcoin ETFs. The dispute revolved around this financial mechanism. Bitcoin ETFs are exchange-traded funds tied to Bitcoin.