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

September 5, 2023
in Crypto Updates
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“After the Fee has had the chance to totally analyze the court docket’s opinion in mild of the report, together with the explanations for rejection set forth … we imagine the Fee ought to conclude that there aren’t any grounds for treating the Belief in a different way from ETPs that put money into bitcoin futures contracts,” Grayscale’s authorized crew wrote in a letter to the regulator on Tuesday.



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Tags: BitcoinConversionETFGrayscaleGroundsRejectSEC
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