The post Grayscale vs. SEC- Will Spot Bitcoin ETF Enter The US Market This Year? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
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 company, eventually chose to take the Securities and Exchange Commission (SEC) to trial. “We have filed for legal action against the SEC,” …