The US Court of Appeals has, once more, deferred its decision on Grayscale’s ability to convert its widely used Bitcoin Trust into a traditional spot Bitcoin ETF.
According to Salm’s message, the DC Circuit involving Grayscale has not materialized, and there are still no decisions across the board, including those unrelated to Grayscale, leaving the status of the bitcoin (BTC) spot ETF and other matters awaiting resolution in uncertainty.
