By CryptoNews - 1 year ago - Reading Time: 1 minutes
Grayscale Ramps Up Efforts Against SEC For Rejecting Bitcoin ETF
Crypto asset management company Grayscale has filed the opening brief in its lawsuit against the U S. Securities and Exchange Commission (SEC), challenging the agency's decision to deny its application to convert the GBTC into a spot Bitcoin ETF.Grayscale, which has been trying to convert its flagship Grayscale Bitcoin Trust fund (GBTC) into a spot BTC ETF for years, called the SEC's decision “arbitrary, capricious, and discriminatory" in an opening legal brief filed on Tuesday. ...
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Original source: CryptoNews