MSTR - SEC Can Keep Blocking Bitcoin ETFs But A Grayscale Win Bodes Well For These Stocks | Benzinga
The jury is still out on whether the U.S. Securities and Exchange Commission (SEC) will continue denying spot Bitcoin (CRYPTO: BTC) exchange-traded-fund (ETF) applications.
But according to analysts at German bank Berenberg, the recent legal triumph of Grayscale Investments and its effort to turn its Grayscale Bitcoin Trust (OTC: GBTC) into an ETF could tilt the scales in favor of the SEC eventually greenlighting one or several other spot Bitcoin ETF applications.
What Happened: More observers are chiming in on what's bound to be a hot topic at the Benzinga's upcoming Future of Digital Assets conference.
Berenberg, for example, pointed out that — post Grayscale's legal success — ...