Grayscale

Bitcoin is up 122% year to date on the speculation of the first spot ETF approval in the United States.

The decision, which comes after a legal battle and months of anticipation, may signal a shift in the regulatory landscape towards the approval of a spot Bitcoin ETF.

A look at the potential ways the looming wave of ETF filings could play out in the coming weeks and months.

This victory however does not mean GBTC is automatically being converted to a spot Bitcoin ETF.

Grayscale faces a lawsuit for allegedly mismanaging their Grayscale Bitcoin Trust as well as conflicts of interest. Shareholders are invited to join the case.

A member of Congress has now requested action in regards to billions of dollars locked in the Grayscale Bitcoin Trust.

DC Circuit judges hammered the SEC’s lawyers as they defended their decision to not approve Grayscale’s move toward a spot bitcoin ETF.

Grayscale’s CEO as well as owners Digital Currency Group and Barry Silbert allegedly violated trust agreements, according to the lawsuit.

Valkyrie Investments has laid out a proposal to become the new sponsor and manager of Grayscale’s troubled bitcoin trust (GBTC) and fix its large discount.

The Grayscale Bitcoin Trust is considering a tender offer that would aim to return investor capital if the SEC keeps blocking its conversion to a spot ETF.