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The Daily Hodl
2022-06-30 18:41:21

Crypto Giant Grayscale Immediately Sues SEC After Bitcoin ETF Rejection

Crypto Giant Grayscale Immediately Sues SEC After Bitcoin ETF Rejection

Crypto asset manager Grayscale is suing the U.S. Securities and Exchange Commission (SEC) over a rejected bid to convert Grayscale’s Bitcoin (BTC) fund into an exchange-traded fund (ETF). In a recent open letter, Grayscale announced the SEC was “discriminatory” when it rejected its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot market […]The post Crypto Giant Grayscale Immediately Sues SEC After Bitcoin ETF Rejection appeared first on The Daily Hodl.

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