Crypto Giant Grayscale Submits Letter to SEC in Bid for Approval of First Spot Bitcoin ETF: Informe

Per The Daily Hodl - fa 2 anys - Temps de lectura: 2 minuts

Crypto Giant Grayscale Submits Letter to SEC in Bid for Approval of First Spot Bitcoin ETF: Informe

Crypto asset manager Grayscale has reportedly submitted a letter to the U.S. Securities and Exchange Commission (SEC) in an attempt to get the nod for the first spot-based Bitcoin (BTC) exchange-traded fund (ETF).

Segons un nou reportar pel Financial Times (FT), Grayscale va enviar recentment una carta a l'agència reguladora preguntant si poden convertir els seus 40 milions de dòlars Bitcoin confiar en un ETF.

So far, the SEC has rejected every other spot-based Bitcoin ETF application while giving the green light for futures-based Bitcoin EFTs.

In the letter seen by FT, Grayscale mentions the approval of Teucrium’s futures Bitcoin ETF and argues that a spot-based Bitcoin ETF should also be governed by the same rules.

"Creiem que l'ordre del Teucrium confirma el punt fonamental...

When it comes to approving [exchange-traded funds], there is no basis for treating spot Bitcoin products differently from Bitcoin futures products.”

En un llarg fil de Twitter, Michael Sonnenhein, CEO de Grayscale explica why Teucrium’s futures Bitcoin ETF is not different from a spot Bitcoin ETFs.

“Today, in approving Teucrium’s application under the ’33 Act, the SEC cleverly decided to define the market as just the CME (Chicago Mercantile Exchange) Group and the underlying assets as just CME Bitcoin futures, which of course makes CME significant since its 100% of the CME Bitcoin futures market!

What’s wrong with this argument? Well, digging deeper, lets remember that CME Bitcoin futures are *priced based on spot Bitcoin markets* and therefore directly influenced by them.

Per tant, si la SEC se sent còmoda amb a Bitcoin futures ETF, they must also be comfortable with a spot Bitcoin ETF. And they can no longer justifiably cite the ’40 Act as being the differentiating factor.”

Està previst que la SEC fer a decision on Grayscale’s Bitcoin ETF application in July.

comprovar Preu Acció

No et perdis un ritme - Subscriu-te per rebre alertes de correu electrònic de criptografia directament a la safata d'entrada

Segueix-nos a Twitter, Facebook i telegram

Navegar El Daily Hodl Mix

  Consulteu els darrers titulars de notícies

  Exempció de responsabilitat: les opinions expressades a The Daily Hodl no són consells d’inversió. Els inversors haurien de fer la seva diligència deguda abans de realitzar inversions d’alt risc Bitcoin, moneda digital o actius digitals. Tingueu en compte que les vostres transferències i operacions són sota el vostre propi risc i que qualsevol pèrdua que pugueu patir és responsabilitat vostra. The Daily Hodl no recomana la compra o venda de cap criptomoneda o actiu digital, ni The Daily Hodl és un assessor d’inversions. Tingueu en compte que The Daily Hodl participa en el màrqueting d’afiliació.

Imatge destacada: Shutterstock/pedrosek

El lloc Crypto Giant Grayscale Submits Letter to SEC in Bid for Approval of First Spot Bitcoin ETF: Informe aparèixer per primera vegada en El diari Hodl.

Font original: El diari Hodl