Want to create an interactive transcript for this episode?
Podcast: Unchained
Episode: Grayscale v. SEC: Who Won This Week’s Hearing?
Description: Elliott Stein, senior litigation analyst at Bloomberg Intelligence, shares his insights from a court hearing this week on the SEC’s rejection of Grayscale’s bid to convert GBTC into a spot bitcoin ETF. Stein says federal appellate court judges seemed skeptical of the SEC’s arguments for why bitcoin futures ETFs are OK while bitcoin spot ETFs aren’t. Who’s likely to win the case and what does it mean for the crypto industry as a whole?Show highlights:
why Grayscale filed the lawsuit against the SEC
why Grayscale...