Cryptory.net - Grayscale has submitted its latest amended spot Bitcoin ETF application to the SEC, but it did not include the details of authorized participants who are allowed to create and redeem shares.
Cryptory.net - After the Court of Appeals for the District of Columbia Circuit instructed the regulator to reevaluate Grayscale Investments' application, the company filed a fresh registration statement with the U.S. Securities and Exchange Commission.
Cryptory.net - Following the Securities and Exchange Commission's decision to refrain from appealing a ruling that enables Grayscale Investments LLC to convert its Bitcoin trust into an exchange-traded fund (ETF), analysts are currently endeavoring to assess the potential trajectory of the process.
Cryptory.net - The Securities and Exchange Commission (SEC) is required to file an appeal against Grayscale's victory in the D.C. Appeals Court on October 13th, or it will need to either approve or attempt to postpone the firm's Bitcoin exchange-traded fund (ETF) application.
The U.S. Court of Appeals declared a groundbreaking decision, stating the SEC was mistaken in rejecting Grayscale Investments' application to list a Bitcoin exchange-traded fund.
