Grayscale Takes Legal Action Against SEC Following Rejection of Its Bitcoin ETF
By Hannah Perez The largest crypto investment fund manager sued the SEC after the agency formally rejected its request to transform GBTC into a physical Bitcoin ETF. *** The SEC officially rejected Grayscale’s ETF application. Grayscale requested to convert his Bitcoin (GBTC) fund into a spot ETF. One more rejection: the wait continues for a …
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