Grayscale Expresses Concerns Over SEC’s Differential Treatment of Bitcoin ETFs
Grayscale, a leading digital asset management firm, has recently submitted a letter to a federal judge expressing its concerns over the differential treatment of Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The letter questions why a leveraged 2x Bitcoin ETF has received approval while a spot Bitcoin ETF proposal, as tweeted by Bitcoin Magazine, has yet to be greenlit. Grayscale highlights the inconsistency in the SEC's decision-making process and urges for fair and transparent regulation.
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https://twitter.com/BitcoinMagazine/status/1678449933928603665
Grayscale Points out the inconsistency in the SEC's decision
In the letter, Grayscale points out ...