Grayscale Prepares For Bitcoin ETF Approval?
Key Points:
– Grayscale is hiring a Senior Associate for their ETFs division.
– Candidates must have analytical and proactive skills.
– The job post suggests that Grayscale is preparing for the approval of a Bitcoin ETF.
– Experts speculate about the implications of the post, with the SEC’s decision expected soon.
– Recent Bitcoin price action and increasing Open Interest in the derivatives sector add to the significance of the job post.
Hot Take:
Grayscale’s job post for a Senior Associate in their ETFs division suggests that they are preparing for the approval of a Bitcoin ETF. While the SEC’s decision is still pending, experts believe that the odds of approval are high. The recent movement in Bitcoin’s price and the increasing Open Interest in the derivatives sector make this job post even more significant. If approved, a Bitcoin ETF could bring significant growth to the market. However, rumors suggest that the SEC may postpone any decision related to this financial instrument until 2024. Regardless, the crypto community eagerly awaits the outcome.
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