DC Circuit Vacates SEC Rejection, Grayscale Bitcoin ETF Moves Forward
Grayscale Crushes SEC: Spot Bitcoin ETFs One Step Closer In a seismic blow to the SEC, the D.C. Circuit Court of Appeals just vacated the agency’s rejection of Grayscale’s Bitcoin ETF conversion bid, ruling the watchdog applied an inconsistent, arbitrary standard. This isn’t just a win for Grayscale—it’s a crack in the SEC’s fortress against…
