The SEC has 45 days to appeal the court’s ruling, but Grayscale remains prepared to fight.
Grayscale CEO Michael Sonnhenshein spoke to CNBC’s Squawk Box on Wednesday on his company’s latest victory in its lawsuit against the Securities and Exchange Commission .
“We really have to be patient and follow the federal rules of appellate procedure here,” said Sonnhenshein. “Ultimately, the court will issue a final mandate that will detail the operational next steps.”, an SEC spokeswoman said the agency is “reviewing the court’s decision to determine next steps.” Until now, GBTC has charged shareholders a 2% annual fee. Critics have often argued that this fee is “
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