Grayscale and “DC Circuit-ex-machina” were key to BTC ETF approval: Crypto Mom

United States SECOND Commissioner Hester pierce said place Bitcoin ETFs approval "come only unwillingly, " After more that ten years Since THE First of all application was submitted.

News Join We on social networks

Place Bitcoin exchange traded funds (ETF) could to have very GOOD confronted A unfavorable result Today if he were not For THE Shades of grey call last Yeah, according to has SECOND Commissioner Hester 'Crypto Mom' Peirce.

In A statement on January 10, Peirce describe that transmitters to have tent has get A place Bitcoin ETFs through THE double For more that A decade, And he could very GOOD to have extended GOOD beyond if not For "THE CC Circuit-ex-machina. »

Peirce was referent has THE WE. District Court of Calls Cancel THE DRY decision has refuse Shades of grey Investments place Bitcoin ETFs application In October 2023.

THE court mandated that THE SECOND take A second goodbye has Shades of grey application has convert It is Shades of grey Bitcoin trust In A place Bitcoin ETF.

It is out: https://t.co/tgI9yE4i83

— Hester Peirce (@HesterPeirce) January ten, 2024

Peirce was would have among THE three Commissioners WHO vote has approve THE place Bitcoin ETFs. Gary Gensler And Brand Uyeda would have approved THE product, while Caroline Crenshaw And I like Lizarraga did not would have support he.

NEW: Turns out THE @SECGov DID socket A vote on THE $BTC Place ETF.

Here is THE vote distribution:

Gensler: ApprovedPeirce: ApprovedUyeda: Approved Cr...