Tag: $Grayscale Investments

Grayscale Presses SEC To Approve Bitcoin ETF

Grayscale Investments won in court, and now it wants the Securities and Exchange Commission to move quickly to let it convert the Grayscale Bitcoin Trust +0.38%  into an exchange-traded fund.

A spot bitcoin ETF is much closer to reality, but investors aren’t quite there yet

The U.S. Court of Appeals for the D.C. Circuit sided with Grayscale in a lawsuit against the SEC, greatly improving the chances that a bitcoin exchange traded fund will be approved. The SEC had earlier denied Grayscale’s application to convert its Grayscale Bitcoin Trust to an ETF.