Investors Turn Hesitant on Crypto After Grayscale Victory Optimism Fades Away: Analytics Firm Glassnode

Analytics firm Glassnode says signals are suggesting that the initial optimism surrounding digital asset manager Grayscale’s victory over the U.S. Securities and Exchange Commission (SEC) has waned, taming investors’ risk appetite. Last week, a federal judge ruled that the SEC has to reconsider Grayscale’s application to launch exchange-traded fund based on Bitcoin Trust. While crypto...