2023-1-25 03:13 |
Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.”
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Arguments will begin on March 7, sooner than Grayscale had expected.
2023-1-25 20:42 | |
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Grayscale appealed the SEC’s denial of its application to create a spot BTC ETF in June; the case “is moving swiftly,” according to the Grayscale chief legal officer.
2023-1-15 00:55 | |
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Grayscale CEO explains why SEC is wrong in rejecting their spot BTC ETF and what arguments they have for court against it
2022-6-30 15:36 | |
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GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors.
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States.
Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States.
"We are seeing a new group of investors who are Ethereum-first and in some cases Ethereum-only," Michael Sonnenshein told Bloomberg.
Grayscale Investments has filed to register its bitcoin trust as an SEC reporting company, potentially the first crypto vehicle to attain such status.