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Coin Edition

2023-01-14 10:49:00

Grayscale Files Reply Brief to SEC Denial of its Spot BTC Conversion

Grayscale Files Reply Brief to SEC Denial of its Spot BTC Conversion

Grayscale Bitcoin Trust (GBTC), the largest institutional crypto fund, has filed a Reply Brief with the US District Circuit Court of Appeals, challenging the decision of the US regulator that denied its conversion to a spot Bitcoin fund. According to the official publication, Grayscale argued that the US Securities and Exchange Commission (SEC) acted arbitrarily The post Grayscale Files Reply Brief to SEC Denial of its Spot BTC Conversion appeared first on Coin Edition .

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