Premium Only Content
Grayscale Wins in Court! SEC is “arbitrary and capricious”.
Grayscale Wins in Court! SEC is “arbitrary and capricious”.
Grayscale sued the SEC last year after its application for a bitcoin ETF was denied.
The SEC has been ordered to reconsider Grayscale Investments’ application to launch a bitcoin ETF after a federal appeals court ruling on August 29th. Coinbase stock rose 14%. The Grayscale Bitcoin Trust (ticker: GBTC) is up over 18% as of now.
Circuit Judge Neomi Rao wrote on behalf of the court composed of three judges, two of whom were appointed by democrats. “The denial of Grayscale’s proposal was arbitrary and capricious because the Commission failed to explain its different treatment of similar products.” She is referring to the SEC approving bitcoin future ETFs.
This is just another setback for the SEC led by Gary Gensler. The opinion of this channel is that Mr. Gensler is arbitrary and refuses to work with the business sector. This man characterizes everything wrong with government bureaucracy.
Works Cited:
https://www.wsj.com/finance/regulation/grayscale-wins-lawsuit-against-sec-over-bitcoin-etf-1b305cfa?mod=hp_lead_pos4
Tags:
grayscale bitcoin trust, bitcoin, grayscale bitcoin, grayscale, grayscale bitcoin trust discount, grayscale bitcoin etf, bitcoin news, grayscale bitcoin trust stock, bitcoin etf, grayscale bitcoin trust vs etf, bitcoin price, grayscale's bitcoin trust, bitcoin today, bitcoin news today, grayscale investments, gbtc vs bitcoin, grayscale bitcoin investment trust, bitcoin investment trust, bitcoin price today, grayscale btc, buy bitcoin, bitcoin price prediction
-
3:00
The Last Capitalist in Chicago
2 years ago $0.08 earnedCan a company cut your pay?
311 -
LIVE
The HotSeat
1 hour agoWatching Them Implode.....Fun To Watch!!!
369 watching -
LIVE
Owen Shroyer
58 minutes agoOwen Report - 10-30-2025 - Trump Threatens To Bring Back Nuclear Bomb Testing
1,151 watching -
LIVE
The Nunn Report - w/ Dan Nunn
2 hours ago[Ep 781] Arctic Treason – Smith, Boasberg, Deep State Coup | TPUSA Revival! | Joe Autopen
198 watching -
1:05:14
The Quartering
2 hours agoSocial Order Has Collapsed
93.6K17 -
1:12:11
DeVory Darkins
4 hours agoKamala STUNNED after brutal question from reporter as Trump DOMINATES CHINA MEETING
118K82 -
3:34:09
Due Dissidence
6 hours agoMegyn Kelly GASLIGHTS Candace Fan, Tucker TORCHES Christian Zionism, Israel BREAKS CEASEFIRE AGAIN
18.5K25 -
59:52
Mark Kaye
4 hours ago🔴 5 Reasons JD Vance WILL Be The Next President
27.3K6 -
21:08
Professor Nez
3 hours agoTrump Just BROKE the ENTIRE Democrat Party with one Line!
24K28 -
1:00:22
Timcast
4 hours agoPentagon To Test NUKES, Russia Warns Of WW3
146K67