Grayscale tells SEC ‘no basis’ to approve Bitcoin futures ETFs and not spot ETFs -Breaking
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© Reuters. Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot ETF application.
Grayscale Bitcoin Trust (GBTC), was operated by a LetterVanessa Countryman (SEC Secretary) argued that the SEC should reject spot Bitcoin ETFs. The SEC has approved three Bitcoin futures exchange traded funds, one from each of them, since November 29. VanEck and Valkyrie are ProShares.
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