Win for Bitcoin and Grayscale Puts Spot BTC ETF Within Reach
Published in
3 min readAug 29, 2023
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…