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    Grayscale Just Won Its Lawsuit With SEC



    Major news this morning as it was announced that Grayscale has one its lawsuit against the SEC. Anthony Pompliano breaks down what happened and what this means for a potential spot bitcoin ETF.

    Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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    View 46 Comments

    46 Comments

    2. William Imhof on

      Very good news, unfortunately the SEC does not protect the people/investors. My guess us that the SEC will drag their feet on this until Blackrock says to go.

    4. K K on

      WTF is point of suing them then? It’s like two siblings fighting and having the parent say that one of them is right. It accomplished nothing.

      What a stupid system. Wasted all that tax payer money for someone to get a piece of paper that says “in this ONE instance, you were right”. But oh, that doesn’t change ANYTHING in the real world. But at least you know!

    14. Kresp Rowland on

      Its not fair to Grayscale & Ark Invest for the SEC to approve all the applications at once. Whoever applied first should get approved first! The SEC is trying to extend favourtism to Blackrock. Its wrong on so many levels!

    20. DSFLAT on

      The SEC looks to have been stalling on a spot Bitcoin ETF decision until after COPA v Craig Wright UK court cases starting January 15th.

      Page 24 of BlackRock ETF application says they can choose any fork of Bitcoin for their ETF regardless of spot price or popular choice, Page 48 of their application names Craig Wright and the UK court cases as a risk.

      Zuckerberg, Dorsey, Saylor, BTC Devs and the rest of Bitcoin Core (COPA) v Craig Wright (Satoshi Nakamoto)

      Next year is

      🍿🍿🍿With all spot Bitcoin ETF final decisions due around the same time next year which seems to align with the UK court cases.

      Worth keeping an eye on Bitcoin Legal Defense Fund & CoinGeek websites for news updates as the cases draw closer.

    24. Mikanoshi on

      If you want exposure to Bitcoin then just go buy Bitcoin and hold it youreslf. All this bullshit with ETFs is so unnecessary and honestly is boring to watch.

    25. A. X on

      Excellent work, Anthony. Your efforts and the well-reasoned approach to your unique takes are sincerely appreciated

    29. Jason Luong on

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    32. Bridget on

      I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you mrs margaret campbell.

    40. Roger Turtle on

      MAn this is awesome news.
      But I heard that Gary Guzzler and the SEC is appealing the Loss with Ripple and now im sure they will do the same thing here to drag this out.
      Its so crazy Things that are happening.
      What happens if they get some Leftist judge who is anti Crypto in the appeal.
      This is awesome but Gary and the SEC are sleazy as hell.
      This is looks very very good though.

    41. santiago carreño on

      Good video; at the end, not only is Bitcoin far and away the largest crypto project by Market Cap, regardless it isn't the best crypto software, but also, all these juggernaut hedgefunds realize is a delationary asset in the long term since over 90% of its Max Supply is already out there, those that get most of it now when is cheap win

    44. FareAlert on

      I know everybody's excited about the SEC losing in court, and it is indeed an important victory, but it's worth bearing in mind that Gensler knew he was acting outside the law long before the verdict. The largest institutions care less about what is legal than what they can get away with.

      Given how long it takes the courts to rule, it is a reminder that in the context of the government's own misconduct, there are limits to the utility of law.

      — a frosty fellow

    46. M. T. on

      I think it is absurd how corrupt Gensler is he isn’t looking out for investors he is literally trying as hard as possible to create the most unsafe environment for crypto investors.

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