The $20 Billion Delay: Appeal Court Pushes Back Decision On Grayscale Spot Bitcoin ETF

The $20 Billion Delay: Appeal Court Pushes Back Decision On Grayscale Spot Bitcoin ETF
The D.C. Circuit Court of Appeals was expected to give a ruling on Grayscale’s Spot Bitcoin ETF lawsuit against the United States Securities and Exchange Commission (SEC) on August 22 following its failure to do so on August 18. However, the crypto community would have to wait longer as the court has once again failed to make a decision. Court Delays Spot Bitcoin ETF Decision For The Third Time According to a tweet by Grayscale’s Chief Legal Officer Craig Salm, the appeal court failed to make a decision regarding his company’s lawsuit against the SEC. However, he pointed out that there were no rulings for that day in what might be a move to quench any notion that the court was intentionally stalling the case. Related Reading: Rumors Of Robinhood Listing XRP Take Center Stage On Crypto Twitter This marks the third delay of the much-anticipated verdict, as the court had previously been expected to give a decision on August 15 and then August 18. So it remains uncertain when a decision could come next as leg ..

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