Grayscale moved closer to launching a spot-based Bitcoin exchange-traded fund in the US, a potential watershed moment in the cryptocurrency industry’s quest to tap billions of dollars from everyday investors. A three-judge appeals panel in Washington overturned a decision by the SEC to block the ETF, which would be tied to the spot Bitcoin price. On “Bloomberg Crypto”, Kailey Leinz and Sonali Basak speak with Coinbase chief legal officer Paul Grewal, Kaiko director of research Clara Medalie and Galaxy Digital head of firmwide research Alex Thorn.
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