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Grayscale Ruling Does Not Guarantee Bitcoin Spot ETF Approval, Traders Say

“It doesn't mean that now Grayscale will be 100% able to list a spot Bitcoin ETF, nor that this will happen in the future,” one trader said.

Chairman for the U.S. Securities and Exchange Commission Gary Gensler. (SEC, modified by CoinDesk)
Grayscale's victory over the SEC does not necessarily indicate a bitcoin spot ETF approval. (SEC, modified by CoinDesk)