DC Circuit Orders SEC to Revisit Grayscale Bitcoin ETF Denial
Grayscale Wins: Appeals Court Slaps SEC Over Bitcoin ETF Denial The D.C. Circuit just handed Grayscale a decisive win and ordered the SEC to rethink its refusal to convert the firm’s Bitcoin trust into an exchange-traded fund. In a unanimous August 29 ruling, the three-judge panel said the agency failed to explain why it approved…
