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SEC delays BTC ETF decision, Grayscale triumphs over SEC and BitBoy gets the boot: Hodler’s Digest, Aug. 27 – Sept. 2

In an ongoing effort to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin exchange-traded fund (ETF), the U.S. appeals court judge accepted Grayscale’s argument that the SECs rejection of its recent ETF application was unfair. The SEC had alleged that the GBTC didnt have enough safe practices and fraud protection in place.

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Source: Cryptocurrency - investing.com

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