The United States Court of Appeal has issued a mandate requiring the Securities and Exchange Commission (SEC) to review Grayscale Investments’ application for a spot Bitcoin exchange-traded fund (ETF). The court’s decision, which was made on August 29, took effect on October 23 after the SEC failed to present an appeal by October 13. This development opens the door for the SEC to reconsider its initial decision on Grayscale’s ETF. As this story continues to unfold, more information will be provided.
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Information |
Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
neutral |
Relevance Score |
1 |
People |
None |
Companies |
Grayscale Investments, Securities and Exchange Commission (SEC) |
Currencies |
Bitcoin |
Securities |
None |