The SEC is not planning to appeal a high-profile ruling involving Grayscale Investments, Reuters reported on Friday.
The Securities and Exchange Commission does not plan to appeal a high profile ruling involving Grayscale Investments' attempt to convert its flagship fund into a spot bitcoin ETF.
SEC Chair Gary Gensler earlier in the day was mum about a potential appeal of the ruling, declining to comment on the matter when asked by journalists at a press conference.
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