to federal judges of the U.S. Court of Appeals for the District of Columbia Circuit. Grayscale’s team will contend the regulators had a constrained role here and didn’t follow logic in its rejection after having approved several futures ETFs with similar risk profiles. Grayscale is owned by Digital Currency Group, which also owns CoinDesk.enlisted by Grayscale
In its rejection of Grayscale's bitcoin ETF, the SEC cited worries over market manipulation, and noted a lack of a surveillance-sharing agreement between a"regulated market of significant size" and a regulated exchange, repeating a concern it has expressed each time it denied similar spot bitcoin ETF applications from Grayscale and others companies.
As for the industry’s recent dramas, he said that “is going to be in the air,” but he said he’d be surprised if it became a direct element in next week’s arguments. He said this particular panel of three judges will “deal with the specifics,” and he added that “the more you get into the specifics, the stronger our case gets.”
jesseahamilton Pipe down Barry. They have consistently told you they won’t approve your Ponzi.
jesseahamilton It's been consistently inconsistent though.
jesseahamilton THETA is an example of why Gary Gensler can't just label all non-BITCOIN are securities. IMHO it does not fall within the definition of a security.
jesseahamilton Grayscale is going down with DCG lol BlackRock ETF comin at you!!!🔜🔜🔜
jesseahamilton Crypto industry must ramp up about SEC game plan sooner the better.There is some unknown hand which is using Gary as pawn .