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SEC Won’t Appeal Loss in GBTC Case, Boosting Odds BTC Trust Can Turn Into an ETF

By: ZippyB

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The Securities and Exchange Commission won’t appeal a court’s scathing reversal of its decision not to let Grayscale convert its bitcoin trust into a more investor-friendly exchange-traded fund, according to a person familiar with the matter, possibly clearing the way for the first bitcoin ETF in the U.S.



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