Grayscale Won't Be Launching an ETF
In today's episode of Crypto Daily, we're tackling some of the most pressing issues in the crypto regulatory and market landscape. First on the agenda is Grayscale's ongoing uncertainty with the SEC regarding the conversion of GBTC to a Spot ETF. What's holding them back, and what could this mean for the broader market?
As Grayscale faces regulatory hurdles, Hong Kong is opening its doors to regulated crypto products, with a Swiss bank nearing approval. Is Asia becoming a crypto haven? Meanwhile, a CNBC market analyst has made a bold prediction that all Spot ETF applicants will receive approval this fall. Is this the breakthrough we've been waiting for?
If you had the chance to frontrun Wall Street, would you seize the moment like Eminem did in his career? We'll discuss this intriguing thought experiment and its relevance to the crypto world. On the topic of Bitcoin scarcity, it seems long-term hodlers are showing their 'diamond hands,' but what does this mean for market dynamics?
Last but not least, Uniswap's legal team has scored a significant win in court, setting a positive precedent for DeFi and DeFi exchanges. With wins in court becoming a trend for crypto lately, what's next on the legal front?
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