THELOGICALINDIAN - Grayscale Investments the worlds better agenda bill asset administrator has filed a accusation adjoin the US Balance and Exchange Commission SEC arduous the balance regulators accommodation to adios its appliance to catechumen the Grayscale Bitcoin Trust to a atom bitcoin exchangetraded armamentarium ETF
Grayscale Takes SEC to Court Over Spot Bitcoin ETF Application
Grayscale Investments filed a “petition for review” Wednesday arduous the accommodation by the U.S. Securities and Exchange Commission (SEC) to abjure the company’s appliance to catechumen the Grayscale Bitcoin Trust (GBTC) to a atom bitcoin exchange-traded armamentarium (ETF).
Michael Sonnenshein, Grayscale’s CEO, tweeted anon afterwards the SEC alone his company’s application: “We’ve filed a accusation adjoin the SEC.”
Sonnenshein commented: “We are acutely aghast by and angrily disagree with the SEC’s accommodation to abide to abjure atom Bitcoin ETFs from advancing to the U.S. market.” He added:
Donald B. Verrilli Jr., Grayscale’s chief acknowledged architect and above U.S. adviser general, detailed:
The advocate continued: “There is a compelling, astute altercation here, and we attending advanced to absolute this amount productively and expeditiously.”
Do you anticipate Grayscale will win adjoin the SEC? Let us apperceive in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
