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Grayscale’s Victory Ignites a GBTC Trading Frenzy as Investors Bet on Narrowing Discount to Bitcoin Price

The SEC must review its rejection to convert the Grayscale Bitcoin Trust into an exchange-traded fund, the appeals court ruled Tuesday.

Updated Aug 29, 2023, 10:20 p.m. Published Aug 29, 2023, 10:20 p.m.
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)