Bitcoin Spikes After ETF Court Ruling | ZeroHedge
With Bitcoin languishing back at pre-ETF excitement levels – despite hashrates reaching record highs – the news this morning has re-awakened those animal spirits in crypto.
The U.S. Court of Appeals for the DC Circuit issued its opinion in Grayscale v. SEC this morning, ruling that the agency was unreasonable to deny the crypto giant permission to launch a Bitcoin ETF.
The win by Grayscale on Tuesday comes after the firm sued the SEC in June 2022 – when the US securities (more…)