The SEC on Wednesday rejected Grayscale's application to turn its GBTC vehicle into an ETF.
The SEC on Wednesday rejected Grayscale's application for a spot bitcoin exchange-traded fund, citing a failure by the investment manager to answer questions about concerns around market manipulation.Grayscale filed to make its Bitcoin Trust, known as GBTC, an ETF back in October 2021, but the ruling faced multiple delays., including by giving people a way of quickly emailing in to express their support.
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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🐸!
Source: Cointelegraph - 🏆 562. / 51 Read more »
Grayscale Sues SEC Over Bitcoin ETF Application RejectionJUST 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 SecNews nikhileshde Haha that is funny Grayscale SecNews nikhileshde Grayscale SecNews nikhileshde SPOILER ALERT: trying to get Boomer CeFi to adopt bitcoin and crypto is f*cking ret*rded
Source: CoinDesk - 🏆 291. / 63 Read more »
SEC Rejects Grayscale’s Spot Bitcoin ETF ApplicationBREAKING: The SECNews has rejected Grayscale’s application to convert the massive Grayscale Bitcoin Trust into an ETF. mikeybellusci reports SecNews Grayscale mikeybellusci Yum yum lawsuit coming SecNews Grayscale mikeybellusci RIP. SecNews Grayscale mikeybellusci I'll approve unlimited products to short btc though. Also, I'll basically do anything the highest bidder wants. Grayscale 's offer was just too low to accept.
Source: CoinDesk - 🏆 291. / 63 Read more »
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
Source: Reuters - 🏆 2. / 97 Read more »