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cryptonews
2022-10-12 13:10:00

Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF

Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF

Crypto asset management company Grayscale has filed the opening brief in its lawsuit against the U S. Securities and Exchange Commission (SEC), challenging the agency's decision to deny its application to convert the GBTC into a spot Bitcoin ETF. Grayscale, which has been trying to convert its flagship Grayscale Bitcoin Trust fund (GBTC) into a spot BTC ETF for years, called the SEC's decision “arbitrary, capricious, and discriminatory" in an opening legal brief filed on Tuesday. ...Read More: Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF

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