Tag: $Grayscale Investments

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.

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.