News Explorer — Grayscale Wins Appeal Against SEC to Convert Bitcoin Trust to ETF
The U.S. Court of Appeals for the D.C. Circuit has ordered a review of the SEC’s denial of Grayscale’s spot Bitcoin ETF application. This decision is significant for the crypto industry as a spot Bitcoin ETF could pave the way for mainstream institutional adoption. If the SEC and Grayscale appeal the court’s decision, it could potentially be sent to the U.S. Supreme Court or undergo an en banc panel review.
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Grayscale Wins Appeal Against SEC to Convert Bitcoin Trust to ETF
The U.S. Court of Appeals for the D.C. Circuit has ordered a review of the SEC’s denial of Grayscale’s spot Bitcoin ETF… Read Summary
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The post News Explorer — Grayscale Wins Appeal Against SEC to Convert Bitcoin Trust to ETF appeared first on Crypto News Australia.
Filed under: Bitcoin - @ August 29, 2023 3:21 pm