Today news
About the same in other media
Grayscale tells SEC 'no basis' to approve Bitcoin futures ETFs and not spot ETFs
Reading now: 609
Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot Bitcoin ETF application.
The operator of the Grayscale Bitcoin Trust (GBTC) issued a letter to Secretary of the SEC, Vanessa Countryman, on Nov. 29 to argue the SEC is wrong to reject spot Bitcoin ETFs since it has now approved three Bitcoin futures ETFs, one each from VanEck, Valkyrie, and ProShares.
Grayscale argues that the SEC has “no basis for the position that investing in the derivatives market for an asset is acceptable for investors while investing in the asset itself is not.”
It claims the SEC violated the Administrative Protections Act (APA) by failing to treat the two Bitcoin ETF products the same.
A
Read more on cointelegraph.comAbout this in other media
Grayscale Finds Rising Interest in Bitcoin as it Pushes for Spot BTC ETF cryptonews.com /3 years ago
Top Cryptocurrency Prices Today: Bitcoin recovers; Dogecoin and Polkadot rally up to 9% economictimes.indiatimes.com /3 years ago
Bitcoin Cash, The Sandbox, IOTA Price Analysis: 2 December ambcrypto.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
