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Tuesday, July 2, 2024
bitcoin
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HomeFinanceGrayscale asks SEC to satisfy on 'method ahead' for Bitcoin ETF conversion
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Grayscale asks SEC to satisfy on 'method ahead' for Bitcoin ETF conversion

Grayscale has advised the Securities and Alternate Fee it has no authorized reasoning left to dam the conversion of the asset supervisor’s flagship (BTC) fund to a spot exchange-traded fund (ETF).

On Sept. 5, Grayscale’s attorneys despatched a letter to the SEC requesting the pair meet to debate the subsequent steps following the regulator’s courtroom loss concerning the conversion of the Grayscale Bitcoin Belief (GBTC).

Screenshot of the letter despatched to the SEC by Grayscale’s retained legislation agency Davis Polk. Supply: Grayscale

Proceed Studying on Coin Telegraph

See also  3 the reason why Bitcoin is struggling to rally above $28.5K
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