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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. Read Also: XRP and Shiba Inu Dominate Trading Volumes on WazirX Amidst Crypto Market Slump https://twitter.com/BitcoinMagazine/status/1678449933928603665 Grayscale Points out the inconsistency in the SEC's decision In the letter, Grayscale points out ...

According to the exposure provided by the Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund, Cardano occupies the highest market share. It has consistently retained that position. Grayscale Investments in its quest to provide crypto exposures to clients has ventured into the crypto industry. Every Grayscale fund (GSCPxE ) makes provision for an unequal exposure of seven Smart contract assets for investors. Read Also: Ripple And SEC File A Joint Proposal TO Govern All Sealing Cases Regarding The Summary Judgement Motions, Sept 19th Is Slated For Major Revealing Cardano Leads Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund Per the screenshot, the fund contains 4.3 ADA, contributing 29.88% of the entire value of the fund. This ratio is the highest o...

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Grayscale Expresses Concerns Over SEC’s Differential Treatment of Bitcoin ETFs

Cardano Leads Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund.