October 18, 2023
The U.S. Securities and Exchange Commission's decision not to challenge a decision overturning its rejection of Grayscale Investments' bitcoin exchange-traded fund proposal likely means the agency is readying itself to approve multiple ETFs holding bitcoin, attorneys said.
September 06, 2023
Financial product issuer Grayscale Investments LLC urged the U.S. Securities and Exchange Commission to approve its bitcoin exchange traded product, or ETP, saying the regulator should "move expeditiously" in light of a D.C. Circuit ruling that vacated its earlier rejection.
August 31, 2023
The D.C. Circuit's decision to vacate the U.S. Securities and Exchange Commission's rejection of Grayscale Investments' bitcoin exchange-traded fund is a leap forward for a potential approval of the asset, but experts say the ball is back in the regulator's court as the agency assesses how to proceed.
August 29, 2023
The U.S. Securities and Exchange Commission will have to take another look at crypto issuer Grayscale Investments' application to list a bitcoin exchange-traded fund, after the D.C. Circuit ruled Tuesday that the regulator's previous rejection of the submission violated its own process.
March 07, 2023
A D.C. Circuit panel on Tuesday seemed skeptical of a claim by securities regulators that they were justified in approving a futures-based bitcoin exchange-traded fund while banning a spot market ETF because it would be too hard to oversee.
March 01, 2023
In March, federal circuit courts will take on the constitutionality of the Consumer Product Safety Commission, wrestle with how to distinguish between mergers and acquisitions in an insurance policy dispute and again address whether delivery drivers are subject to the Federal Arbitration Act. Here, Law360 previews selected appellate arguments in the month ahead.
January 13, 2023
Grayscale Investments continued to bang the drum Friday that the U.S. Securities and Exchange Commission's denial of its bitcoin exchange-traded fund is "arbitrary to its core," telling the D.C. Circuit the regulator held its application to a more stringent standard than other products subject to the same kind of risk.
January 02, 2023
U.S. policymakers may begin laying down serious regulatory guardrails for the digital asset industry in 2023 as the spectacular collapse of cryptocurrency exchange FTX looks to have opened a wider window of opportunity for bipartisan action.
December 19, 2022
Grayscale Investments told investors it's considering how to get capital to shareholders in the event that it loses its high-profile appeal of the U.S. Securities and Exchange Commission's decision to reject its bitcoin exchange-traded fund application, saying it may ask the regulator to discuss a compliant way to conduct a tender offer.
December 12, 2022
The U.S. Securities and Exchange Commission has asked the D.C. Circuit to deny Grayscale Investments' bid to review the agency's denial of an exchange-traded fund that holds bitcoin, stressing the proposed fund is different from futures exchange-traded products it has previously approved.