DC Circuit: SEC Must Treat Grayscale Bitcoin Trust Like Futures ETFs, Vacates Denial
Grayscale Wins Big in D.C. Circuit Showdown with SEC The D.C. Circuit just ordered the SEC to stop treating Grayscale’s Bitcoin trust like a second-class citizen. In a unanimous ruling, the court said the agency’s refusal to let the fund convert into an ETF was arbitrary and inconsistent with how it has already approved similar…
