DC Circuit Rules SEC Acted Arbitrarily, Forcing Reconsideration of Grayscale Bitcoin Spot ETF
Grayscale Crushes SEC: Bitcoin ETF Path Cleared in Landmark Win The D.C. Circuit Court just gutted the SEC’s stonewalling, ruling that the agency acted arbitrarily in rejecting Grayscale’s bid to convert its $8 billion Bitcoin Trust into a spot ETF while greenlighting futures-based rivals. This bombshell decision forces the SEC to reconsider its denial, handing…
