Grayscale Pleas for Simultaneous Approval of All Bitcoin ETFs.

in #crypto • last year

Grayscale has urged the Securities and Exchange Commission (SEC) to simultaneously approve all proposed spot Bitcoin ETFs. The goal is to ensure no individual entity gains an unfair advantage.

The Chief Legal Officer of Grayscale, Craig Salm, conveyed their legal team’s stance in a compelling message on July 27. The letter covered eight spot Bitcoin ETF filings, including Grayscale’s application. It argued against the SEC’s practice of favoring certain applicants over others and instead urged for a just and orderly decision-making process.

#cryptonews #etf #bitcoin #btc
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