SEC Rejects Grayscale’s Spot Bitcoin ETF Application

Grayscale Investments’ application to convert its $13.5 billion Grayscale Bitcoin Trust (GBTC) into a spot-based bitcoin ETF was denied by the SEC on Wednesday despite the company’s extensive efforts to win approval (Grayscale is owned by Digital Currency Group, which is also the parent company of CoinDesk).

Credit: Source link

SEC Rejects Grayscale’s Spot Bitcoin ETF Application

This is why WingRiders is now the leading Cardano DeFi protocol

Grayscale Sues SEC Over Bitcoin ETF Application Rejection

Related Posts

California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim’s Crypto

First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue

Crypto Exchange Bitfinex May Be Facing Criminal Investigation in US

What Happens When You Try to Sanction a Protocol Like Tornado Cash

What’s at Stake: Will the Merge Turn Ether Into a Security?

Grayscale Sues SEC Over Bitcoin ETF Application Rejection

Leave a Reply Cancel reply

Weekly Updates

Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction – Bitcoin News

Vitalik Buterin calls out ETHW hard fork proponents as “trying to make a quick buck”

Over 70k Ripple holders join class action lawsuit against SEC

Bitcoin sees minor sell off after US payroll data beats expectations

Crypto Options Trading on Solana Has Mostly Fizzled. A New DEX Has a Plan to Change That

Ethereum’s Move From Proof-of-Work Essential for the Network, Crypto Exec Says

What’s New Here!

Subscribe Now