Grayscale Wins, $29k Becomes Key Level to Watch

Market Update GRAYSCALE WINS. It's official—the courts have ruled that the SEC acted in an arbitrary and capricious manner when denying the spot Bitcoin ETF. In the wake of this news, cryptoassets, trusts, and crypto equities are experiencing strong rallies. This development will likely pave the way for a Bitcoin ETF to enter the market and could lead to the conversion of existing trusts into ETF products.Source: Court Decision in Grayscale v SECIt's crucial to note that this ruling does not automatically greenlight a Bitcoin ETF. Instead, it invalidates the SEC's initial reasons for rejec