The SEC will reportedly not appeal the loss in the GBTC case, increasing the chances of it becoming an ETF

The decision, reported by Reuters, increases the chances that Grayscale Investments can convert its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF.

The decision, reported by Reuters, increases the chances that Grayscale Investments can convert its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF.

The decision, reported by Reuters, increases the chances that Grayscale Investments can convert its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly ETF.

Oct 13, 2023 at 9:07 pm UTC

Updated October 13, 2023 at 9:33 p.m. UTC

The US Securities and Exchange Commission apparently will not continue its court battle with Grayscale over the spot Bitcoin ETF application. (Nikhilesh De/CoinDesk)

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