The U.S. Court of Appeals for the D.C. Circuit confirmed Grayscale Investments' ruling, mandating the Securities and Exchange Commission (SEC) to reassess the asset management company's application for a spot Bitcoin (CRYPTO: BTC) ETF.
This decision aligns with the court's judgment from Aug. 29, 2023, offering renewed hope for Grayscale's ambitions.
The broader financial community is keenly observing these developments, especially as discussions about digital assets gain traction. This narrative will likely be a focal point at Benzinga's Future of Digital Assets conference on Nov. 14, which aims to foster a deeper understanding and collaboration in the digital asset domain.
Grayscale's latest move is part of its strategic push to transition the ...