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Grayscale launches legal challenge to Bitcoin spot ETF rejection

06/30/2022

Less than a minute

2022.06.30 09:40

Grayscale launches legal challenge to Bitcoin spot ETF rejection

Grayscale Investments has launched a legal challenge against the Securities and Exchange Commission (SEC) after being denied its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund (ETF).

On June 29, it announced that its Senior Legal Strategist, former U.S. Solicitor General Donald B. Verrilli Jr. had filed a petition for review with the United States Court of Appeals for the District of Columbia Circuit.

06/30/2022

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