SEC Rejects Grayscale’s Spot Bitcoin ETF Application

    0
    6



    Grayscale Investments’ application to convert its $13.5 billion Grayscale Bitcoin Trust (GBTC) into a spot-based bitcoin ETF was denied by the SEC on Wednesday despite the company’s extensive efforts to win approval (Grayscale is owned by Digital Currency Group, which is also the parent company of CoinDesk).



    Source link

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here