Grayscale Investments has called upon the U.S. Securities and Exchange Commission (SEC) to expedite the approval of its pioneering exchange-traded fund (ETF) linked to Bitcoin. This request comes on the heels of a significant court victory for the cryptocurrency asset manager, which may potentially reshape the crypto investment landscape. SEC’s Bitcoin ETF Dilemma A recent […]
The SEC’s recent decision to delay rulings on several spot bitcoin ETF applications isn’t deterring former SEC Chair Jay Clayton. He still believes approval is on the horizon despite the ongoing regulatory reluctance. In a September 1st interview with CNBC, Clayton stated that major financial institutions backing spot bitcoin funds signal a shift in how […]
The U.S. Securities and Exchange Commission (SEC) may come up with new justifications for rejecting applications for spot bitcoin exchange-traded funds (ETFs), analysts say. This comes after a court ruling this week compelled the regulator to revisit its rejection of Grayscale’s spot bitcoin ETF application. In a report on Wednesday, analysts at German investment bank […]