US Court Directs SEC to Reevaluate Grayscale’s Spot Bitcoin ETF
In response to a ruling that mandated the SEC to investigate Grayscale's application for a spot Bitcoin ETF, the US Court of Appeals issued a mandate.
Key takeaways: In a significant win for crypto asset manager Grayscale Investments, the company has achieved a favorable outcome against the United States Securities and Exchange Commission (SEC) in its pursuit to convert its Grayscale Bitcoin Trust (GBTC) from an…