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US court paves way for...

Grayscale Investments LLC moved closer to...

US court paves way for spot Bitcoin ETF in Grayscale ruling

Grayscale Investments LLC moved closer to launching a spot-based Bitcoin exchange-traded fund in the US, a potential watershed moment in the cryptocurrency industry’s quest to tap billions of dollars from everyday investors.A three-judge appeals panel in Washington on Tuesday overturned a decision by the US Securities and Exchange Commission to block the ETF, which would be tied to the spot Bitcoin price. The ruling marks a major legal win for the crypto industry and sent the price of Bitcoin surging by as much as 7%. The Grayscale Bitcoin...

Karl Jörg - August 29, 2023

Business Profiles

US court paves...

Grayscale Investments LLC moved closer to launching a spot-based Bitcoin exchange-traded fund in the US, a potential watershed moment in the cryptocurrency industry’s...

Karl Jörg - August 29, 2023

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