Grayscale decision versus SEC may come today, latest Friday – reports

Bloomberg’s Senior ETF Analyst Eric Balchunas stated that a potentially momentous decision from the SEC concerning Grayscale Investments could be revealed today, Aug. 15, or at the latest, this Friday, Aug. 18.

This decision is likely to have noteworthy implications for the approval of Bitcoin exchange-traded products (ETPs), with all eyes on Blackrock’s recent filing alongside countless others who followed suit, adding Coinbase as a partner under a ‘surveillance sharing agreement.‘