In a significant legal development, the U.S. Court of Appeals for the D.C. Circuit has ruled that the Securities and Exchange Commission (SEC) must review Grayscale Investments’ application to convert its “Grayscale Bitcoin Trust” product to a spot Bitcoin ETF. The court delivered its opinion on Grayscale’s “Petition for Review of an Order of the […]
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Appeals Court Mandates SEC to Reconsider Grayscale’s Bitcoin ETF Application, BTC Surges 7%
