Lawsuit Against SEC Over Grayscale’s Spot Bitcoin ETF Rejection

On June 29, Wednesday,  the U.S. Securities and Exchange Commission (SEC) denied Grayscale’s petition to transform its Grayscale Bitcoin Trust (GBTC) instrument to a spot Bitcoin. Grayscale, the world’s biggest digital asset management, has eventually chosen to take the Securities and Exchange Commission (SEC) to trial. “We have filed a legal action against the SEC,” …