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Win for Bitcoin and Grayscale Puts Spot BTC ETF Within Reach

Jennifer Rice
Published in
3 min readAug 29, 2023

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Court paves the way for ETF approval and bitcoin rises

The DC Court of Appeals ruled in favor of Grayscale today in their suit against the SEC. The heart of Grayscale’s case rested on the SEC’s prior decision to allow futures-based Bitcoin (BTC) ETFs. Due to the SEC’s decision, Grayscale argued that denying their application…

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