SEC Faces Midnight Deadline to Appeal Court Ruling on Grayscale Bitcoin ETF

As the clock approaches midnight Eastern Time today, the U.S. Securities and Exchange Commission (SEC) faces an important deadline to appeal a court order regarding Grayscale Investments' Bitcoin ETF application. If the SEC takes no further action, Grayscale's application for converting its Bitcoin Trust (GBTC) into a Bitcoin exchange-traded fund (ETF) will automatically revive....