Grayscale Wins SEC Lawsuit, Bitcoin Rises

In a judgment of historic significance, Grayscale Investments has won a major victory against the United States Securities Commission (SEC)potentially paving the way for the first introduction of a Bitcoin-based exchange-traded fund (ETF) in the United States. Recall of facts Grayscale Investments, an asset management firm specializing in cryptocurrencies, has long sought to convert its…

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