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SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says

SB Crypto Guru News by SB Crypto Guru News
September 6, 2023
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SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says



“After the Fee has had the chance to totally analyze the court docket’s opinion in gentle of the report, together with the explanations for rejection set forth … we consider the Fee ought to conclude that there are not any grounds for treating the Belief in another way from ETPs that put money into bitcoin futures contracts,” Grayscale’s authorized workforce wrote in a letter to the regulator on Tuesday.



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