Grayscale Wins Court Case vs. SEC: Bitcoin ETF on the Horizon?

Grayscale Investments LLC, one of the world's largest crypto asset managers, has secured an unexpected court win against the US Securities and Exchange Commission (SEC). A three-judge panel in DC's Court of Appeals in Washington ruled that the SEC's denial of Grayscale's proposal was "arbitrary and capricious" in that the SEC failed to explain the difference in treatment between spot…