[ad_1]
Nurphoto | Nurphoto | Getty Images
The District of Columbia Court of Appeals has sided with Grayscale in its lawsuit against the Securities and Exchange Commission’s decision to deny its application to convert the Grayscale Bitcoin Trust to an exchange-traded fund.
Bitcoin, ether, and other major cap crypto coins surged on the news, and Coinbase, which is listed as the custodian partner in multiple spot bitcoin ETF applications, was up more than 14% on Tuesday.
This is breaking news. Check back for updates.
[ad_2]
Source link