Grayscale triumphs in a lawsuit against the SEC

posted  29 Aug 2023
Photo - Grayscale triumphs in a lawsuit against the SEC
Victory in court against the SEC enables Grayscale to transform its Bitcoin Trust (GBTC) into an ETF. This development sent Bitcoin soaring past the $27,000 milestone.

Within a 45-day period, the SEC can petition for a rehearing. Once this time elapses, the court will deliver a final mandate specifying the future course of action.