A D.C. appeals court has issued its final determination in the dispute between Grayscale Investments and the SEC over whether the company could establish an ET based on Bitcoin, Bloomberg’s Sabrina Willmer reports. The mandate sends the matter back to the SEC and puts into effect the court’s ruling from August, during which it overturned the commission’s dismissal of Grayscale’s proposal to convert its trust into an ETF, the author notes.
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