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SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler

A strong court win for the crypto spot-market ETF fight isn’t the end of the battle, because the next move belongs to the SEC, though it’s now significantly weakened.

By Jesse Hamilton|Edited by Sam Reynolds

Updated Aug 30, 2023, 8:38 p.m. Published Aug 29, 2023, 9:48 p.m.

The Securities and Exchange Commission, run by Chair Gary Gensler, is under court order to rethink Grayscale's bitcoin ETF. (Photo illustration by Jesse Hamilton/CoinDesk, with Getty image)