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SEC won’t appeal Grayscale court ruling, paving way for spot bitcoin ETF

The federal appeals court ruling in August was heralded by crypto advocates as a watershed moment for the industry.

The Securities and Exchange Commission won't ask a federal appeals court to reconsider a decision that paves the way for Grayscale Investments to launch a spot Bitcoin exchange-traded fund, according to a person familiar with the matter.

In August, the DC Circuit Court of Appeals overturned the S

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