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Bitcoin Price (BTC) Jumps on Grayscale Ruling; GBTC, Coinbase (COIN), Marathon (MARA), Riot (RIOT) Soar

Bitcoin Price (BTC) Jumps on Grayscale Ruling; GBTC, Coinbase (COIN), Marathon (MARA), Riot (RIOT) Soar
coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.

Neomi raoStephen alpherJi kimGrayscale bitcoin trustDc circuit courtExchange commissionCrypto council for innovationGrayscale investmentJudge neomi raoMarathon digitalRiot platformsCrypto council

Grayscale Wins Court Battle Against SEC, Regulator Must Review Bitcoin ETF Application

Decision comes as the agency confronts a raft of requests by BlackRock, Fidelity and other asset managers to introduce similar funds.

District of columbiaUnited statesTim bevanJennifer rosenthalNeomi raoExchange commissionJudge neomi raoGrayscale wins court battle against secSecurities and exchange commission

Explainer-What s at stake in Grayscale s spot bitcoin ETF case against the SEC? | WSAU News/Talk 550 AM · 99 9 FM

By Hannah Lang (Reuters) - The U.S. District of Columbia Court of Appeals will soon rule on whether the Securities and Exchange Commission (SEC) wrong.

District of columbiaUnited statesNick zieminskiCathie woodDonald verrilli jrHannah langNeomi raoGrayscale bitcoinUs district of columbia courtChicago mercantile exchangeUs supreme courtExchange commissionColumbia courtGrayscale investmentsGrayscale bitcoin trustJudge neomi rao

Grayscale wins lawsuit against SEC as court paves way for bitcoin ETF

The Securities and Exchange Commission should have approved an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday, in a landmark victory for the asset manager that could pave the way for the first product of its kind.

United statesGary genslerNeomi raoDistrict of columbia courtUs supreme courtExchange commissionColumbia courtJudge neomi raoRipple labsSecurities and exchange commission

Stock Market Today: Stocks Rise for Third Straight Day; Bitcoin Pops on SEC News

Bitcoin and bitcoin-related stocks rallied Tuesday after a federal appeals court potentially paved the way for a spot market ETF. Stocks closed higher Tuesday as investors cheered some bad-news-is-good-news jobs data. Sentiment also got a lift from an outsized rally in tech stocks that was fueled by declining Treasury yields and a round of bargain hunting. Shortly after the opening bell rang, the Bureau of Labor Statistics said job openings fell by 338,000 in July to 8.8 million – their lowest l

United statesNeomi raoGautam chhuganiDana petersonJeffrey roachExchange commissionFederal reserveBureau of labor statisticsGrayscale bitcoin trustLabor statisticsConference boardCoinbase globalGrayscale investmentJudge neomi raoGlobal digital assetsRobinhood markets

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