
Grayscale Bitcoin Trust’s (OTC: GBTC) legal triumph over the SEC Monday, potentially paving the way for the first Bitcoin (CRYPTO: BTC) ETF in the U.S., ignited a flurry of reactions from industry experts.
While some viewed this as a significant stride toward broader institutional adoption of cryptocurrencies, others were striking a more cautious note, emphasizing the need for an actual spot Bitcoin ETF approval to seal the deal.