SEC Reportedly Won’t Appeal Court Decision on Grayscale Bitcoin ETF By Cointelegraph

The U.S. Securities and Exchange Commission reportedly has no plans to appeal the recent court decision that favored Grayscale Investments. The ruling requires the SEC to review the company’s spot (btc) exchange-traded fund application.

The SEC’s alleged decision not to appeal the D.C. Circuit Court of Appeals Ruling was highlighted in an October 13 article report of Reuters, which cited “a source familiar with the matter.”