DC Circuit Ruling Slams SEC, Grayscale Win Opens Door to Spot Bitcoin ETFs
Grayscale Crushes SEC: Bitcoin ETFs Greenlit After Court Slaps Regulator. In a seismic blow to the SEC, the D.C. Circuit Court of Appeals ruled today that the agency acted arbitrarily in blocking Grayscale Investments’ bid to convert its $8 billion Bitcoin Trust into a spot ETF, forcing regulators to reconsider approvals for crypto funds. This…
