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Breaking: Grayscale Wins US SEC Lawsuit On Spot Bitcoin ETF

source-logo  coingape.com 29 August 2023 21:57, UTC

In a landmark judgment, a US Court of Appeals for the District of Columbia Circuit handed Grayscale a win against the Securities and Exchange Commission (SEC) in the lawsuit over converting the Grayscale Bitcoin Trust to a spot Bitcoin ETF. With the recent flurry of spot ETF flings from the likes of Blackrock and Fidelity, the Grayscale lawsuit victory could be a major development towards having the first ever spot Bitcoin ETF approved in the United States.

coingape.com