https://www.ozkeserhukuk.com/en/2023/08/30/grayscale-v-sec-case-verdict-august-2023/

On August 29, 2023, the U.S. Court of Appeals issued a ruling on Grayscale Investment LLC (Grayscale) and the Securities and Exchange Commission (SEC) in the proceedings that began on March 7, 2023. This decision was covered in the world press with the main idea of “Grayscale won the case, green light for Bitcoin ETF”. Grayscale and its executives also posted the same content on their social media accounts. However, either no one (journalists and even bitcoiners) consciously asked what the ruling actually said, or there was a serious lack of awareness.