Gensler says SEC is reviewing Grayscale ruling, spot bitcoin ETF applications

Quick Take

  • SEC Chair Gary Gensler said the agency is still reviewing a court’s ruling in the ongoing Grayscale case, as well as “multiple filings around bitcoin exchange-traded products.”

Securities and Exchange Commission Chair Gary Gensler told lawmakers that he is still reviewing a court's decision that gave Grayscale Investments a recent win in its push for a spot bitcoin exchange-traded fund.