12.01.2021

Grayscale Attorneys ask SEC for Bitcoin ETF Approval

12.01.2021
Grayscale Attorneys ask SEC for Bitcoin ETF Approval

Attorneys for Grayscale, the digital currency asset manager, have sent a letter to the US Securities and Exchange Commission arguing that the regulator’s approval of bitcoin futures exchange-traded funds, but not bitcoin spot-based ETFs, is “arbitrary and capricious,” and in violation of the Administrative Procedure Act (APA).

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