Crypto Updates

Grayscale’s Victory Pushes for Speedy SEC ETF Approval

bitcoin hammer court law ruling

Grayscale
Investments is urging the U.S. Securities and Exchange Commission (SEC) to
promptly approve its proposed exchange-traded fund (ETF ) that would track
bitcoin. This call for approval follows a recent legal victory for Grayscale
against the SEC.

In
the legal case, a three-judge panel of the District of Columbia Court of
Appeals ruled that the SEC had made a mistake in rejecting Grayscale’s proposed
bitcoin

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