Grayscale Sues SEC Over Bitcoin ETF Application Rejection

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JUST IN: Grayscale has sued the SECNews for rejecting its bitcoin ETF conversion application, arguing that it's treating spot and futures-based bitcoin ETF applications differently. nikhileshde reports

Grayscale Investments has sued the U.S. Securities and Exchange Commission barely an hour after the regulatory agency rejected its application to convert its flagship Grayscale Bitcoin Trust product to an exchange-traded fund .

“Grayscale supports and believes in the SEC’s mandate to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation – and we are deeply disappointed by and vehemently disagree with the SEC's decision to continue to deny spot Bitcoin ETFs from coming to the U.S.

 

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Grayscale SecNews nikhileshde What do you think will win this case?

.Grayscale's Chief Legal Officer CraigSalm explains why the firm has petitioned the U.S. Appeals Court for the District of Columbia to review the rejection. 👇 Watch more on

Grayscale SecNews nikhileshde Yes.

Grayscale SecNews nikhileshde MiningMiranda so coach wala na po tayong aantayin na approval ng SEC sa july 6?

Grayscale SecNews nikhileshde We know the SEC is stalling. They are trying to get their buddies online first

Grayscale SecNews nikhileshde Because they control the futures market. And cannot control BTC

Grayscale SecNews nikhileshde I think you mean SECGov rather than SecNews

Grayscale SecNews nikhileshde All chickensheet out there, you need to stand up and sue SEC from left to right. They are shorting of staffs so you know what to do otherwise your ashes got bite.

Grayscale SecNews nikhileshde 👍

Grayscale SecNews nikhileshde BringIt!!

Grayscale SecNews nikhileshde We will never get ETF if Gary is in sec .

Grayscale SecNews nikhileshde Welcome to 🇺🇸

Grayscale SecNews nikhileshde hati

Grayscale SecNews nikhileshde why would I hold an etf of bitcoin when they would charge an annual expense ratio?... while buying satoshis I don't have to..it is already digital..this sounds very sacamy cost compund a lot... and their expense ratio I don't imagine would be low..

Grayscale SecNews nikhileshde SPOILER ALERT: trying to get Boomer CeFi to adopt bitcoin and crypto is f*cking ret*rded

Grayscale SecNews nikhileshde Haha that is funny

Grayscale SecNews nikhileshde

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Grayscale reports 99% of SEC comment letters support spot Bitcoin ETFWill a pending application and 11,400 letters to the SEC make Grayscale the first spot BTC ETF in the United States? According to the firm “99.96 percent of those comment letters were supportive of Grayscale’s case”. Froginutoken *🐸X99🐸X999🐸* Ask him abt the 60 k XRP holders matter Froginutoken 🐸X100🐸X1000🐸!
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U.S. SEC rejects Grayscale's spot bitcoin ETFThe U.S. Securities and Exchange Commission on Wednesday rejected a proposal to list a spot bitcoin exchange-traded fund (ETF) by Grayscale, one of the world's biggest digital asset managers, on Intercontinental Exchange Inc's NYSE Arca exchange. CalvinAyre good. they are a monopoly scam they dont even promote the original code, nor do they back the true inventor
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