SEC Would Not Appeal Court Ruling Regarding Grayscale Bitcoin ETF

If TRUE, THE SECOND will need has goodbye And TO DO A decision on Shades of grey place Bitcoin ETFs application. If denied, Shades of grey could call THE decision.

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THE WE. Securities And Exchange Commission would have has No plans has call THE recent court decision that favored Shades of grey Investments. THE decision requires THE SECOND has goodbye THE the company place Bitcoin (BTC) exchange traded funds application.

Benzinga (And others) report that Reuters East report that THE SECOND will NOT be attractive Shades of grey case. pic.twitter.com/yd9BBtRwv5

— Eric Balchunas (@EricBalchunas) October 13, 2023

THE DRY supposed decision not has call THE D.C. Circuit Court of Call decision was Underlines In A October. 13 report Since Reuters, which quoted "A source familiar with THE imported. »

Bloomberg analysts Also to wait for THE SECOND not has call has THE Supreme Court but underlines that This doesn't necessarily mean Shades of grey application East together has be approved.

If THE reports are TRUE, THE SECOND will need has follow THE courts August order And goodbye Shades of grey application has change It is Shades of grey Bitcoin Trust (GBTC) In A place Bitcoin ETF.

According to has Reuters, THE calls court East expected has issue A mandate specifically describing how It is decision should be "accomplished" by THE SEC.

Comment on THE developments, Bloomberg ETFs analyst James Seyffart note via X que:

"I TO DO not think they will call has THE Supreme Court ...