Breaking: Court Orders SEC to Review Grayscale’s Spot Bitcoin ETF

The U.S. Court of Appeals for the D.C. Circuit issued a mandate compelling the Securities and Exchange Commission (SEC) to revisit Grayscale Investments’ application for a spot Bitcoin ETF. This decision stems from the court’s previous ruling, emphasizing the similarities between Grayscale’s proposition and the already sanctioned Bitcoin futures ETFs. Consequently, the court noted that

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