Grayscale Wins Court Order, SEC Must Revisit Bitcoin Spot ETF
Grayscale Beats SEC, Forces Bitcoin ETF Review Grayscale just forced the SEC’s hand. In a unanimous ruling, the D.C. Circuit Court of Appeals told the agency it cannot treat Grayscale’s spot Bitcoin ETF proposal differently from futures-based ETFs without a coherent explanation. The decision is narrow but sharp: the Commission’s rejection of the product was…
