The most valuable crypto stories for Tuesday, August 29, 2023.
"The Hash" tackles today's hot topics, including a federal court ruling that the SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust into an ETF.
Bitcoin is surging on the news. Grayscale and CoinDesk are both owned by DCG. Separately, the SEC issued its first NFT-related enforcement action. And, some former FTX users are getting hit by a new phishing attack on their FTX-registered emails.
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Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%'The Hash' tackles today's hot topics, including a federal court ruling that the SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Bitcoin is surging on the news. Grayscale and CoinDesk are both owned by DCG. Separately, the SEC issued its first NFT-related enforcement action. And, some former FTX users are getting hit by a new phishing attack on their FTX-registered emails.
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First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SECFirst bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC.
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First bitcoin ETF must be reconsidered by SEC, court rulesGrayscale Investments may convert its Bitcoin Trust product into an exchange-traded fund after a federal appeals court ordered the SEC to vacate its rejection.
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SEC Must Review Grayscale's ETF Bid After Previous Rejection, Appeals Court RulesA federal appeals court ordered the SEC to 'vacate' its rejection of the trust issuer's bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund.
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Bitcoin ETF appears to be on the way after court hands the SEC a stinging lossThe cryptocurrency fund manager Grayscale has won a major court battle against the Securities and Exchange Commission, paving the way for the first bitcoin exchange-traded fund.
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Grayscale’s Court Win Over SEC Lifts Hopes for Bitcoin ETF ApprovalA federal judge ruled that the Securities and Exchange Commission must reconsider the crypto asset manager’s application to launch the first bitcoin exchange-traded fund.
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