Bitcoin rallies more than 7% as court sides with Grayscale over the SEC in crypto ETF case

Image credit: Jaap Arriens / NurPhoto / Getty Images. Article by Tanaya Macheel. CNBC – August 29, 2023.

The price of bitcoin surged Tuesday after the U.S. Court of Appeals for the DC Circuit ruled that the Securities and Exchange Commission was wrong to deny crypto investment giant Grayscale permission to convert its popular bitcoin trust into an ETF. […]

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