Amid a recent court ruling mandating the SEC to re-evaluate Grayscale’s Bitcoin ETF proposal, global crypto influencers are actively speculating about the probability of approval and its potential impact on Bitcoin’s price.

As several influencers declare it a game-changer, others indicate a near future with a six-figure Bitcoin price.

Grayscale Bitcoin ETF: Price, Timeline and Uncertainties

Crypto influencers worldwide are predicting what the future holds for Bitcoin after the court ordered that the United States Securities and Exchange Commission’s (SEC) decision to deny Grayscale Investments’ Bitcoin ETF product was not valid and must be reassessed.

Following the August 29 court ruling, several crypto influencers made posts on X (formerly known as Twitter).

Miles Deutscher told his 356,000 followers that it was a game-changer. “This changes everything. Time to pay attention again,” Deutscher states.

Deutscher predicts that this now means the odds of other Bitcoin spot approvals have “significantly increased.”

Ivan on Tech declared to his 400,000 followers he is confident the product will be approved and hints towards a six-figure Bitcoin price in the near future:

“Grayscale crushes SEC. ETF Inevitable. Bitcoin $100,000 LFG,” he remarks.<

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Author: Ciaran Lyons

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