Odds & Ends: Grayscale’s Courtroom Victory

Published on 2 Sep 2023 on etf.com via Yahoo Finance

Odds & Ends: Grayscale’s Courtroom Victory

This week Grayscale Investments won its lawsuit against the SEC to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF.

The ruling means that the regulator must review Grayscale’s application again. It also likely increases the pressure on the regulator to approve the plethora of filings from big exchange-traded fund industry players like BlackRock Inc. and WidsomTree Inc. to open spot bitcoin ETFs of their own.

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Odds & Ends: Grayscale’s Courtroom Victory

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