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SEC Rejects Grayscale’s Spot Bitcoin ETF Application

by -RND
June 30, 2022
in Bitcoin
0


Grayscale Investments’ software to transform its $13.5 billion Grayscale Bitcoin Belief (GBTC) right into a spot-based bitcoin ETF was denied by the SEC on Wednesday regardless of the corporate’s intensive efforts to win approval (Grayscale is owned by Digital Forex Group, which can be the mother or father firm of CoinDesk).



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