"Sorting out the regulatory logic behind the approval of Bitcoin spot ETF: Grayscale's victory in court deserves credit for everything" (by author Will Awang) All of this should be credited to Grayscale's victory in court. It wasn't until after the Grayscale case that the SEC's attitude completely changed, from passive non-approval to active review. Gary Gensler has so far avoided giving a direct answer to the question of "what kind of crypto assets are securities." This ultimate question has been thrown to the US legislative body - Congress. Read more: https://t.co/LH1cP5IVJQ
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