This week, the ruling results of Grayscale and the U.S. SEC regarding the Bitcoin ETF may be announced
ChainCatcher news, according to Foutune, a ruling from Grayscale and the SEC regarding the Bitcoin ETF is expected to be announced this week. This case will determine whether the U.S. Securities and Exchange Commission acted unreasonably in denying the Bitcoin ETF. It is reported that Tuesday and Friday are the days when the D.C. Circuit Court will announce its ruling on this case.
Attorney Scott Johnson stated, "We are within the 160-day period for the case, and the court has a 94% rate of issuing rulings within 160 days after hearing a case." Additionally, it is now the time for the judges' clerks to change, as they assist in drafting rulings during their one-year term, and it is time to make room for new clerks.
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