In August, the D.C. Circuit Courtroom of Appeals dominated that the SEC’s denial of Grayscale Funding’s utility to transform the Grayscale Bitcoin Belief (GBTC) into an ETF was invalid and have to be reviewed, calling it an “arbitrary and capricious” rejection. The courtroom stated that federal businesses are required to “deal with like instances alike.”
SEC Decides To not Enchantment Its Bitcoin ETF Courtroom Loss Tied to Grayscale’s GBTC
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