Grayscale Wins in D.C. Circuit, SEC Told to Reconsider Bitcoin ETF
Grayscale Wins—Appeals Court Slaps Down SEC Bitcoin ETF Denial The D.C. Circuit just handed Grayscale a clear legal victory and forced the SEC to revisit its refusal to convert the world’s largest Bitcoin trust into an exchange-traded fund. The ruling matters because it signals that regulators cannot simply wave away applications with inconsistent logic while…
