Crypto Execs ‘Read the Tea Leaves’ on Spot Bitcoin ETF Approval – Blockworks

With more than 5,000 people attending, it will be the largest DeFi conference in history.

Akin to crypto asset manager Grayscale Investments, which is aiming to convert its Grayscale Bitcoin Bitcoin Trust in the same manner.

Chris Matta, president of 3iQ’s US business, said the SEC is likely waiting on more regulatory oversight of exchanges.

Grayscale CEO Michael Sonnenshein said earlier this month the Teucrium decision “significantly weakened” the SEC’s stance against a spot bitcoin ETF.

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