Court Vacates SEC Denial, Forcing Equal Scrutiny of Spot Bitcoin ETFs
Grayscale Crushes SEC: Spot Bitcoin ETFs Greenlit by Court The D.C. Circuit Court just gut-punched the SEC, vacating its denial of Grayscale’s bid to convert its Bitcoin Trust into a spot ETF—ruling the agency applied an “arbitrary and capricious” double standard compared to approving Bitcoin futures ETFs. This blockbuster decision forces the SEC to reconsider…
