Grayscale Seeks Spot Bitcoin ETF, Judges Ask SEC for Evidence

• On Tuesday, Grayscale Investments LLC argued in the United States Court of Appeals for the DC Circuit to convert its popular Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). • The three presiding judges seemed to sympathize with Grayscale’s position and questioned the SEC Senior Counsel Emily Parise about the SEC’s […]