Grayscale’s GBTC shares soar more than 10% after judges show skepticism of SEC’s denial of Bitcoin ETF

Grayscale’s GBTC shares soar more than 10% after judges show skepticism of SEC’s denial of Bitcoin ETF

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On Tuesday, a three-judge panel for the U.S. Court of Appeals for the D.C. Circuit raised doubts over a decision by the U.S. Securities and Exchange Commission to deny a Bitcoin spot exchange-traded fund, or ETF. Shortly after the hearing, which turned on a complaint by the crypto company…

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