Gensler says SEC is reviewing Grayscale, spot bitcoin ETF applications

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Gensler says SEC is reviewing Grayscale, spot bitcoin ETF applications
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SEC Chair Gary Gensler told lawmakers that he's still reviewing a court decision that gave Grayscale a win in its push for a bitcoin ETF.

told lawmakers that he is still reviewing a court's decision that gave Grayscale Investments a recent win in its push for a spot bitcoin exchange-traded fund.

Gensler said his agency was still reviewing the Grayscale decision, as well as"multiple filings around bitcoin exchange-traded products."in August that the SEC has to re-review Grayscale's bid for a spot bitcoin ETF after the asset management firm sued the agency last year following the rejection of its plan for the conversion of its flagship GBTC fund.

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