ChainCatcher news, for the lawsuit between Grayscale and the SEC, Elliot Stein, a senior litigation analyst at Bloomberg, said that we think the SEC has a 60% support rate, but we now think that the possibility of Grayscale winning the lawsuit is 70%.
It is reported that Grayscale CEO Michael Sonnenshein said that he expects his company's lawsuit against the US Securities and Exchange Commission (SEC) to reject the bitcoin spot ETF may be ruled in the third quarter of this year.
Sonnenshein also said that all resources are being used to fight the legal battle with the US SEC. If the U.S. regulatory authorities are still unwilling to recognize the legal securities status of Bitcoin ETF, the company will not hesitate to take the lawsuit to the Supreme Court if necessary. In addition, he promised that if the ETF business is approved by the regulatory authorities, he will lower the rate to benefit customers.
