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BITI / Grayscale Sues the SEC: GBTC Conversion Denial “Arbitrary and Capricious”

Grayscale Sues the SEC: GBTC Conversion Denial “Arbitrary and Capricious”

After several delays, the Securities and Exchange Commission has finally made a ruling on the conversion of Grayscale's Bitcoin Trust that was initially filed in October of 2021, denying the conversion to a spot bitcoin ETF. The SEC has denied the application, like all spot bitcoin ETF applications before it, on the grounds that NYSE [. Read More

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Posted: Jun 30 2022, 14:24

Author Name: ETF Trends

Views: 092099

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