Crypto Industry Awaits SEC’s Verdict on U.S. Spot Bitcoin ETFs

The post Crypto Industry Awaits SEC’s Verdict on U.S. Spot Bitcoin ETFs appeared first on Coinpedia Fintech News A recent turn of events left the U.S. Securities and Exchange Commission (SEC) red-faced, a U.S. appeals court slammed the regulatory body for its “arbitrary and capricious” decision-making. The crux of the dispute was the SEC’s denial to convert the Grayscale Bitcoin Trust into the first U.S. spot ETF while permitting several derivatives-based ETFs. The …