According to Foresight News, Grayscale's Chief Legal Officer, Craig Salm, expressed appreciation for the opinion of the Washington D.C. Circuit Court, which acknowledged that the case raised straightforward issues concerning equal treatment under the law. Salm also stated that Grayscale will closely cooperate with the U.S. Securities and Exchange Commission (SEC) to develop the next steps for introducing GBTC as a spot Bitcoin ETF on NYSE Arca.