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Judges Express Skepticism of SEC Arguments in Grayscale Bitcoin ETF Hearing

The panel of appeals court judges questioned the SEC's logic in drawing a distinction between bitcoin spot market prices and futures market prices.

Updated Mar 7, 2023, 9:21 p.m. Published Mar 7, 2023, 4:23 p.m.
U.S. Court of Appeals for District of Columbia Circuit (Jesse Hamilton/CoinDesk)
U.S. Court of Appeals for District of Columbia Circuit (Jesse Hamilton/CoinDesk)