RE: Flight to Quality Has Started
You are viewing a single comment's thread:
As big (or bigger?) as the Blackrock news, this caught my eye:
US Court confirms Grayscale ruling, says SEC must re-review bid for spot bitcoin ETF
Since the SEC chose not to fight against this any more (at least that is what is being reported), it is over. At long last ... As a "means of last resort," at least some of our courts are still somewhat sound ...
The carryover effect of this ruling to Blackrock and all of the other (8 to 10) ETF filings is considerable.
0
0
0.000
This is just a procedure. The action ended when the SEC didn't fight it about two weeks ago. But technically, the SEC can still say no. In reality, it is very unlikely the SEC will say no to any of the major ETF proposals.