Grayscale’s bitcoin trust shares jump 9% after ETF hearing
March 07, 2023 at 13:55 PM EST
Grayscale Bitcoin Trust, or GBTC’s share price rallied almost 9% Tuesday, after a panel of judges appeared to be skeptical to the U.S. Securities and Exchange Commission's arguments during an appeals court hearing, as Grayscale continues its push to convert GBTC into an exchange-traded fund.