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CoinGape
2022-04-07 07:31:26

SEC’s Case Against A Spot Bitcoin ETF Has Weakened- Grayscale CEO

SEC’s Case Against A Spot Bitcoin ETF Has Weakened- Grayscale CEO

Grayscale CEO Michael Sonnenshein said the SEC’s argument against an exchange-traded fund (ETF) that directly tracks Bitcoin has “significantly weakened. He cited the regulator’s recent approval of a Bitcoin futures ETF as a key factor behind his reasoning. The U.S. Securities and Exchange Commission on Wednesday allowed fund managers NYSE Arca and Teucrium to issue The post SEC’s Case Against A Spot Bitcoin ETF Has Weakened- Grayscale CEO appeared first on CoinGape.

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