Crypto Live News
Author: Mustafa Mulla
Mustafa Mulla 
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Oct 14, 2023 8:43
The US Securities and Exchange Commission (SEC) will reportedly not appeal a court ruling that found it was wrong to reject a bitcoin exchange-traded fund (ETF) application from Grayscale Investments. In August, the District of Columbia Court of Appeals ruled that the SEC was wrong to reject Grayscale’s ETF, paving the way for the agency to review the application. The SEC has denied all spot bitcoin ETF applications, including Grayscale’s, on the grounds that applicants have not shown they can protect investors from market manipulation. Other asset managers also have applications pending.
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