The D.C. Circuit ruled in favor of Grayscale in our lawsuit challenging the SEC’s decision to deny the conversion of GBTC to an ETF.
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Michael Sonnenshein CEO Grayscale Investments
This is a monumental step forward for American investors, the Bitcoin ecosystem, and all those who have been advocating for Bitcoin exposure through the added protections of the ETF wrapper.
At this time, the Grayscale team is reviewing the details outlined in the Court’s opinion and will share more information on next steps in the ETF conversion process as soon as practicable.
Source : ETFWorld.co.uk
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