Grayscale Investments is awaiting a federal court decision to formalize their win against the Securities and Exchange Commission (SEC) in a dispute over a spot bitcoin exchange traded fund (ETF) application. The court may direct the SEC towards a specific timeline for rethinking the application, but it is uncertain. If approved, Grayscale plans to list the ETF on NYSE Arca, making it widely available to investors. The SEC could still reject the application again for different reasons, or give in and approve it along with other ETF applications from financial giants BlackRock and Fidelity.
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Federal Court to Formalize Grayscale's Win Against SEC in Bitcoin ETF Dispute
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