We are now faced with a new set of filings similar to those we have disapproved in the past. Circumstances, however, have changed. The U.S. Court of Appeals for the District of Columbia held that the Commission failed to adequately explain its reasoning in disapproving the listing and trading of Grayscale’s proposed ETP (the Grayscale Order). The court therefore vacated the Grayscale Order and remanded the matter to the Commission. Based on these circumstances and those discussed more fully in the approval order, I feel the most sustainable path forward is to approve the listing and trading of these spot bitcoin ETP shares. Bitcoin weekly chart All valid transactions are organized into a block of data approximately every 10 minutes.
Bitcoin bears jump in action as the price marginally rises over $43,000 in the early trading hours, raising the possibility of a bearish pullback Daily Trending Coins Bitcoin Monitor, Price Compare