According to ChainCatcher, Elliot Z. Stein, senior legal analyst at Bloomberg News, said that Grayscale has a 70% chance of winning the lawsuit related to the US SEC. In view of this situation, analysts believe that the probability of Bitcoin spot ETF being approved in the United States this year is 50%. The US SEC and Chairman Gary Gensler may be preparing for losses and hope to gain a first-mover advantage by approving the spot Bitcoin ETF application before or at the same time as the court's ruling, thereby weakening the impact of the spot Bitcoin ETF or even making it meaningless. (Source link)