Crypto Giant Grayscale Immediately Sues SEC After Bitcoin ETF Rejection

Crypto asset manager Grayscale is suing the U.S. Securities and Exchange Commission (SEC) over a rejected bid to convert Grayscale’s Bitcoin (BTC) fund into an exchange-traded fund (ETF). In a recent open letter, Grayscale announced the SEC was “discriminatory” when it rejected its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot market […] The post Crypto Giant Grayscale Immediately Sues SEC After Bitcoin ETF Rejection appeared first on The Daily Hodl.