Court Rules SEC Must Review Rejection of Grayscale's Bitcoin ETF Bid, Bitcoin Jumps 5%

The most valuable crypto stories for Tuesday, August 29, 2023.

"The Hash" tackles today's hot topics, including a federal court ruling that the SEC must review its rejection of Grayscale Investments' attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Bitcoin is surging on the news. Grayscale and CoinDesk are both owned by DCG. Separately, the SEC issued its first NFT-related enforcement action. And, some former FTX users are getting hit by a new phishing attack on their FTX-registered emails.

See also:

Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

FTX Customers Hit by 'Withdrawal' Phishing Mails After SIM Swap Attack

This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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