GRAYSCALE WINS LAWSUIT AGAINST SEC FOR BITCOIN SPOT ETF #BTCETF#GBTC

In a bold move, a federal appeals court backed Grayscale Investments, allowing them to head towards launching the inaugural bitcoin exchange-traded fund despite the uptight Securities and Exchange Commission's objections.
Cryptos erupted, with bitcoin surging 5% past $27,000, Coinbase skyrocketing 13%, and bitcoin miners Marathon Digital and Riot Blockchain leaping 18% and 24% respectively.
Furious and reeling, the Securities and Exchange Commission (SEC) found itself on the losing end of the battle. The court's decision to support Grayscale Investments' bid for the first bitcoin exchange-traded fund dealt a blow to the SEC's efforts to tighten its grip on the cryptocurrency industry.