Cryptory.net - There are indications that the U.S. Securities and Exchange Commission (SEC) is considering a reevaluation of the Grayscale application seeking approval for a spot Bitcoin ETF.
Cryptory.net - After the Court of Appeals for the District of Columbia Circuit instructed the regulator to reevaluate Grayscale Investments' application, the company filed a fresh registration statement with the U.S. Securities and Exchange Commission.
Cryptory.net - Following the Securities and Exchange Commission's decision to refrain from appealing a ruling that enables Grayscale Investments LLC to convert its Bitcoin trust into an exchange-traded fund (ETF), analysts are currently endeavoring to assess the potential trajectory of the process.
Cryptory.net - The Securities and Exchange Commission (SEC) is required to file an appeal against Grayscale's victory in the D.C. Appeals Court on October 13th, or it will need to either approve or attempt to postpone the firm's Bitcoin exchange-traded fund (ETF) application.