Cryptocoins News / Blockchain - 1 year ago
The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the product to a full-spot Exchange Traded Fund (ETF).
In response, the investment asset manager h...
Bitcoin News / Bitcoinist - 1 year ago
In response to the U.S. Securities and Exchange Commission’s denial of a request to convert its Bitcoin trust into an exchange-traded fund, Grayscale Investments, the largest manager of digital currency assets globally, has filed a lawsuit agai...
Cryptocoins News / The Cointelegraph - 1 year ago
After Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) was denied, the firm launched a legal challenge against the United States Securities and Exchanges Commission. Following these...
Bitcoin News / Bitcoin.com - 1 year ago
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to conver...
Bitcoin News / Bitcoin Magazine - 1 year ago
Grayscale Investments is suing the SEC for denying its application to convert GBTC into an ETF.
The filing was submitted yesterday evening by the former top legal mind that served in the Obama administration as U.S. solicitor general.
Over 11,000 c...
by COINS NEWS - 1 year ago
So you probably heard that their ETF application got denied for the thousandth time. Pikachu faces, I know. And every time it happens they huff and puff and swear they'll defeat the SEC next time! I think they sued them now, cool. However there...
Cryptocoins News / The Cointelegraph - 1 year ago
Grayscale Investments has launched a legal challenge against the United States Securities and Exchange Commission (SEC) after being denied its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin (BTC) exchange-traded f...
Bitcoin News / Bitcoinist - 1 year ago
The U.S. Securities and Exchange Commission (SEC) will announce its decision on the Bitcoin-linked spot Exchanged Traded Funds (ETFs) proposals filed by investment giants Bitwise and Grayscale. The Commission is expected to make this announcement on...
Bitcoin News / Google News Bitcoin - 1 year ago
Grayscale Investments filed suit against the U.S. Securities and Exchange Commission (SEC) barely an hour after the regulatory agency rejected its application to convert its flagship Grayscale Bitcoin Trust product to an exchange-traded fund (ETF)....
Bitcoin News / Google News Bitcoin - 1 year ago
The SEC on Wednesday rejected Grayscale's application for a spot bitcoin ETF, citing a failure by the investment manager to answer questions about concerns around market manipulation.
Nurphoto | Nurphoto | Getty Images
Grayscale, which manages...
by COINS NEWS - 1 year ago
On July the 6th the SEC is meant to give its decision on the next Bitcoin Spot ETF proposal. This time Grayscale wants to convert its already existing fund GBTC into a Spot ETF. While there has been enough pressure before as Grayscale even threated t...
Cryptocoins News / The Cointelegraph - 1 year ago
“The approval of each and every Bitcoin-linked investment product strengthens our arguments about why the U.S. market deserves a spot Bitcoin ETF," said CEO Michael Sonnenshein....
Bitcoin News / Bitcoinist - 1 year ago
The Grayscale Bitcoin has no doubt been a game-changer in the bitcoin space when it comes to providing indirect exposure to the digital asset. However, the success, or failure, of this fund has been one that has had investors gnashing their teeth in...
by COINS NEWS - 1 year ago
In a recent statement Grayscale has assured that they would be ready to sue the SEC of their Bitcoin Trust GBTC is not converted to a spot Bitcoin ETF after their recent bid. This would also be be the first Spot ETF for Crypto in the US and its looki...
Bitcoin News / Bitcoinist - 1 year ago
Grayscale, the biggest crypto asset manager worldwide, has hired Donald B. Verrilli, the former Solicitor General of former US President Obama. This deal aims to get the SEC’s (Securities and Exchange Commission’s) approval of Bitcoin ETF...
Bitcoin News / Bitcoinist - 1 year ago
It is an unpopular opinion to think that Grayscale’s spot-based Bitcoin ETF could get approved, but the company is confidently gearing up and it seems like they will not take a ‘no’ for an answer.
The Grayscale Bitcoin Trust (GBTC)...