Digital asset supervisor Grayscale has filed a letter in its lawsuit in opposition to the US Securities and Trade Fee (SEC) over its rejection of spot exchange-traded funds (ETFs), citing potential precedent to bolster its case.
July 10 In a letter, Grayscale’s authorized staff reported US Courtroom of Appeals for the District of Columbia Circuit on Volatility Shares Belief’s itemizing of leveraged Bitcoin (BTC) futures ETF. The funding automobile started crypto buying and selling on June 27 with out interference from the SEC, which has to this point not authorized any spot crypto ETFs, however has authorized these tied to BTC futures.
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