Court Rules SEC Acted Arbitrarily, Clears Path for Spot Bitcoin ETFs
Grayscale Crushes SEC: Spot Bitcoin ETF Greenlit by Court In a seismic blow to the SEC, the D.C. Circuit Court of Appeals ruled that the agency acted arbitrarily in blocking Grayscale’s conversion of its $8 billion Bitcoin Trust into a spot ETF, forcing regulators to reconsider the move. This decision rips open the door for…
