The United States Court of Appeals announced this morning it’s ruling in favor of the Grayscale petition to convert its flagship fund, GBTC, to a bitcoin ETF. In the intricate game of chess the SEC plays with bitcoin funds, it’s a “check” for Grayscale’s white knight strategy. The ruling hinged on the SEC’s lack of [...] The post Knight Checks King: Court of Appeals Rules in Favor of Grayscale appeared first on ETF Trends .